CAD & EUR OUTPERFORMING
• USD — mixed, weak vs CAD & EUR, much stronger vs AUD, JPY.
• CAD outperforms on support from improved growth expectations.
• EUR strengthens on brighter outlook for second half of 2013.
• GBP challenged by mixed CBI ahead of Q2 GDP.
• JPY weakens on domestic, regional data & Suga comments on tax hike.
• AUD underperforms as inflation data fail to offset weak China data.
• NZD risk is elevated given RBNZ decision at 5:00pm EST; hold exp.
Read the full report: FX Daily
Scotiabank