Daily FX Update

Entering today’s risk laden session most asset classes are relatively stable. Equities are vaguely weaker, the US 10‐year yield is trading at 2.7%, the USD is mixed and gold is soft. Today’s focus will be month‐end flows, data releases and the Fed, making it a potentially interesting day. The Asian and European sessions were marked by month‐end rebalancings, soft Eurozone CPI, an as expected BoJ and anticipation over today’s NA session.

Read the full report: FX Daily

 

Scotiabank