Scotiabank FX Daily - USD Firm Across The Board; All Eyes On Fed Chair Yellen

· USD seeing broad gains into NA session likely to be dominated by Fedspeak.

· CAD soft, testing fresh multi-week lows; oil gains ignored w/ focus on Fed, BoC.

· EUR under pressure w/ 2Y spreads in focus; risk of decline to mid/upper 1.15s.

· GBP vulnerable on break of 1.3430 support w/ risk to 1.32; Carney Thursday.

· JPY fades Asian session gains; geopolitical concerns ongoing; focus on Yellen.

· AUD losses accelerating w/ build in momentum; risk to 0.78.

· MXN softens to lower end of Q3 range; unemployment release at 9am ET.

 

26 Sep 2017 - 13:09- Forex- Source: Scotiabank

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