Major overnight headlines:
• UK Halifax House Price Index rises 3.7% YoY in 3 months to June, more than expected
• Lowe says market “misinterpreted” Gov. Stevens’ remarks that RBA debated latest decision for “very” long, Bloomberg
• Spain hits top end of its targeted amount in 4.0 billion 5-year and 3-year bond sale, Thomson Reuters
• Japanese investors sold foreign stocks and bonds in June 28th week, MoF data show
Read the full report: FX Daily
BMO