Jan 25, 2016: The strongest currency is the EUR. The weakest is the CAD.
As the NY and east coast traders make it to their desks following a weekend of snow and digging out, the EUR is the strongest, and the CAD is the weakest. Stocks are lower a bit. Oil is also moving lower. The currencies are all bunched together though.
The ranges somewhat contained. The GBPUSD was up and down (108 pip trading range) but finds itself near unchanged (see chart below) at snapshot time. In fact most of the GBP pairs had up and down activity but moving back toward the unchanged line. The USD is down marginally vs the EUR, GBP, JPY and CHF, and up against the commodity currencies (CAD, AUD, NZD).
The calendar is light today. Dallas Fed Manufacturing is due at 9:30 AM ET. ECB's Draghi speaks at 1:00 PM
