Bank of Canada held interest rates steady at 1.75%, matching expectations. The statement was largely optimistic in terms of the growth outlook. Elsewhere the...
USDJPY, H1
A moderate risk-off theme has become re-established in global markets, which pushed Treasury and other top-tier sovereign yields lower and hit stock markets...
The USD remains bid versus the EUR and weakening GBP but its the sentiment-supported Yen that is in demand.
Stuart Cowell
Head Market Analyst
Disclaimer: This material is...