XE Market Analysis: US Dollar Remains Soft as Fed Meeting Begins

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OVERVIEW

  • US housing starts fell for a second straight month, and building permits rise.
  • German ZEW survey stronger than expected, economic sentiment index rises to 17.0 from 10.0 in August.
  • GB Pound jumps 0.5 cents versus US Dollar after reports on Boris Johnson resign.
  • Euro slips after ECB sources say board split on setting an end date for bond purchases.
  • Aussie Dollar sees limited impact from upbeat RBA minutes.

HIGHLIGHT