Risk appetite is positive as equities rally; WTI oil appears comfortable around $100/barrel, bond yields are lower across Europe and stable in the U.S. and the USD is mixed. AUD is outperforming as Governor Stevens fails to warn on the strength of AUD and EUR is weak as the ECB sends a united signal that policy action could still beappropriate. Today will see the release of durable goods but no Fed speakers.
Read the full report: FX Daily
Scotiabank