NEAR TERM CAD RISK LIES IN RETAIL SALES
• USD — broadly flat, having retraced China headline-driven weakness.
• CAD slightly weak ahead of retail sales at 8:30am EST; exp 0.4% m/m.
• EUR pares back early strength on renewed political risk in Spain.
• GBP trading in tandem with EUR as Thursday’s GDP remains focus.
• JPY weaker as Suga suggests tax hikes up for debate.
• AUD vulnerable to risk between 9:30-9:45pm EST on CPI, China PMI.
Read the full report: FX Daily
Scotiabank