EUR RALLIES TO NEW FOUR MONTH HIGH ON DRAGHI
• USD—broadly stronger against all majors with the exception of EUR.
• CAD weaker vs USD while outperforming major peers.
• EUR an outperformer as Draghi tone suggests confidence in outlook.
• GBP declines on upside CPI surprise; downside risk has risen.
• JPY weakens as officials speak of G8 endorsement of Abenomics.
• AUD plummets as RBA strikes dovish tone noting fall in terms of trade.
Read the full report: FX Daily
Scotiabank