US: Business Inventories rise 0.4% in August

FXstreet.com (Barcelona) - The US Business Inventories grew 0.4% in August, following a 0.1% increase in July, the US Census Bureau informed. Market consensus pointed to a 0.2% rise.

Sep 13, 2013

Flash: EUR/USD year-end outlook improves to 1.4000 – Goldman Sachs

According to the Goldman Sachs Research Team, we revise our EUR/SD forecasts to 1.38 (3 months), 1.40 (6 months) and 1.40 (12 months).

Flash: AUD/USD poised for fall to 0.88 within a month – UBS

The latest IMF survey put reserve manager AUD holdings at $98 bn – if we allow for the fact that some large central banks do not participate in that survey, global AUD reserves are probably worth closer to $180 bn.