January 20, 2016. The JPY is the strongest. The NZD is the weakest
As NA traders enter for the day, the stock gloom is back and so is the strong/weak currency snapshot for such a scenario. The JPY is the strongest as the flow of funds goes into the "relative safety of the JPY'. The currencies deemed not safe? The AUD and the NZD. They are the weakest.
The greenback snapshot today is down vs. the JPY, unchanged vs. the EUR and the GBP, and higher against the CAD, AUD and NZD.
The BOC decision will be announced at 10 AM ET today. Adam outlined his thoughts in a great video. Check it out.
Before that decision, there are other releases include US CPI and Canada Manufacturing and Wholesale sales. You can always see the full calendar of events and relative importance at our website (bookmark it if you don't visit it daily already). The Davos conference is going on as well so there will be comments coming out there.
Oh, did I mention the stock market? S&P futures are down -35.00 points The Dax is down near 3%. The Euro Stoxx is down 3.13%.
