Retail data may shake the loonie
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
Greenback goes up in Asia
On Thursday, the evergreen buck gained some ground on the Japanese yen in Asia, as market talk grows that the BOJ has eyed recent strength as unwarranted while the British pound grew a bit as formal start of Brexit overnight hasn’t roiled the major British currency.
The currency pair USD/JPY got to 111.22, soaring 0.15%. Secondly, GBP/USD showed 1.2449, rising 0.11%, while AUD/USD stood still at 0.7670 after in February HIA new home sales added 0.2% month-on-month, compared to a 2.2% dip last month.
The US dollar index, assessing the greenback’s value against a trade-weighted basket of six crucial currencies, inched up 0.11%, trading at 99.89.
Overnight, the US dollar gained against a basket of main currencies, buoyed by better than expected American home sales data while a tumble in both the common currency and pound backed upside momentum in the US dollar.
The greenback continued its stuttering revival from multi-month minimums, reaching a session peak of 99.96.
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The ECB and the euro: surrounded by skeptics
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.
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The Bank of Canada (BOC) will release its rate statement alongside the monetary policy report during its meeting on January 22 at 17:00 MT time.
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Retail data may shake the loonie
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
The ECB and the euro: surrounded by skeptics
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.
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