Outside of individual domestic stories (AUD, GBP &CAD) FX markets are relatively quiet. AUD has rallied on firmer inflation, which has removed expectations for an RBA interest cut; while GBP rallieson the back of stronger than expected employment combined withthe BoE minutes shifting away from the 7% unemployment threshold; while CAD is flat as the risk of the BoC looms. There is no US data or Fed speakers today.
Read the full report: FX Daily
Scotiabank