Daily Global Forex Market Highlights (August 30)

< br > < span class = "section-news" > 1. The Prime Minister of Egypt said that Egypt will not intervene in the foreign exchange rate. < br > < span class = "section-news" > 2. Tyrowicz, member of the Polish Central Bank: Poland's interest rate should be maintained at 7.5% -7.75%. < br > < span class = "section-news" > 3. Spain and Germany's CPI annual rate in August was lower than expected, and France's CPI annual rate fell back to the lowest level in three years in August, supporting the European Central Bank to continue to cut interest rates. < br > < span class = "section-news" > 4. Swiss National Bank-President Jordan: The strong Swiss franc makes life more difficult for the industry. Deputy Governor Bungie: Two or three more interest rate cuts are expected this year. < br > < span class = "section-news" > 5. Holland International: If the UK budget remains neutral and the Bank of England remains cautious about interest rate cuts, the pound could rise to 3300-1.3330 in the near future. < br > < span class = "section-news" > 6. Japanese Finance Minister Shunichi Suzuki: Wage growth and defense are among the policy priorities, and the budget for fiscal year 2025 will be adjusted to address these priorities. < br > < span class = "section-news" > 7. Japan's Cabinet Office released its August economic monthly report, and the Japanese government raised its economic outlook for the first time in 15 months. The Japanese government says the economy is recovering moderately, but some areas still appear to be stagnant. < br > < span class = "section-news" > 8. Reuters poll: All 28 economists surveyed believe the Bank of Canada will cut the overnight rate to 4.25% on September 4. Twenty of the 28 economists believe the Bank of Canada will cut the overnight rate to 3.75% by the end of 2024, seven to 4.00% and one to 3.50%.