Back

FX space in a technical snapshot - Scotiabank

FXStreet (Guatemala) - Analysts at Scotiabank gave a snapshot overview of the FX space.

Key Quotes:

"USD rises vs GBP while weakening vs EUR as others consolidate."

"CAD vulnerable amid steady decline in oil, weighing on BoC outlook."

"EUR rises on positioning, upside surprise to euro area core CPI."

"GBP weakens, pressured ahead of key domestic risks on Wednesday."

"CHF rising in line with EUR; key domestic risk is SNB Thursday."

"USD/JPY consolidates within narrow range as BoJ highlights CPI risks."

"AUD flat as RBA minutes highlight data dependency with dovish bias.  CNY rises; PBoC easing financial conditions."