Daily FX Update

Markets are mixed leading into today’s ECB pressconference and tomorrow’s nonfarm payrolls report. Soft inflation datafrom China weighed on growth sensitive currencies (CAD and AUD) inthe Asian session; with EUR supported by improving confidence. Globalcentral bank policy has markets in data watching mode, leaving upcomingemployment and inflation data as key releases for FX markets.

Read the full report: FX Daily

 

Scotiabank