WEDNESDAY’S FOMC IS FOCUS FOR FX
* USD—DXY consolidates at lower end of 18-month range.
* CAD unchanged; BoC, growth & energy prices provide for weakness.
* EUR flat, consolidating at multi-year high; CPI is week’s event.
* GBP strengthens moderately despite softer CBI; Dale at 9:20am EST.
* JPY unchanged as markets consider relative CB policy with BoJ Thurs.
* AUD stronger, retracing Friday’s decline; risk is Thurs. China PMI.
Read full report: FX Daily
Scotiabank