Daily FX Update

Markets are adding to risk leading into an event filled week that begins with a speech by Chair Yellen, will conclude with nonfarm payrolls and in between will see: China’s PMI, a slew of data and interest rate decisions at the RBA and ECB. Today’s comments byFed Chair Yellen are titled “strengthening communities” (released at 9:55am EST) but it could provide an opportunity for some side comments on monetary policy.

Read the full report: FX Daily

 

Scotiabank