The US dollar index remains dominant this morning, as emerging market stress continues to generate Greenback interest. The dollar pairs are mixed this morning, with the USD/CAD of particular interest as the Canadian dollar continues to suffer as trade negotiations drag on. The USD/CAD has now risen for five straight days.
The USD/CHF also rose sharply yesterday, though is pulling back this morning as money flows back into the Swissy.
The EUR/USD and GBP/USD are unchanged so far this morning as both came under pressure yesterday on Brexit fears and poor UK construction PMI data. The EUR/GBP is edging slightly higher after a reversal yesterday.
The Australian dollar is unchanged at the lows after failing to hold the 0.7200 level yesterday.
Yen pairs have a slight positive bias, building on recent gains.
Gold continues to slowly drift lower after failing to hold the $1200 level.
UK services PMI is at 09.30
Canadian trade balance and Labor productivity are at 13.30.
At 15.00, we have the BOC rate statement.
The AUD/USD continues to struggle, with more downsides on the cards after the breaking of the 0.7200.