US POLITICAL LANDSCAPE REMAINS THE FOCUS
* USD‐mixed with some hope emerging for a compromise in US politics.
* CAD is flat; housing data today but focus will remain with US politics.
* EUR is flat with limited data & news flow. Draghi speaks at 12:20EST.
* GBP is flat as BoE holds rates at 0.5%, makes no change to its asset purchase program at £375bn & provides only a short statement.
* NOK and SEK are both weak after soft inflation prints.
* JPY is weak in tandem with a small relief rally in equities.
* AUD is flat after mixed employment; China’s upcoming data is risk.
* NZD is weak after soft PMI, AUDNZD buying and RBNZ paper on LVR.
Read full report: FX Daily
Scotiabank