FX markets are active into the NA open; where as other markets have been relatively quiet. The combination of the G20 (see comments below), several central bank interviews, better than expected business confidence from Germany and news from China that property loans were soft and a financial institution was tightening ratesfor developers drove markets in the Asian and European sessions. There are no Fed speakers scheduled today with the Chicago Fed as the most important data release.
Read the full report: FX Daily
Scotiabank