March 9, 2016. The AUD is the strongest. The CHF and EUR are the weakest.
The AUD and NZD are the strongest currencies in trading today. While the CHF and EUR are the weakest. The greenback takes it's place in the middle with gains against the CHF and EUR and losses vs. the commodity currencies.
The CHF move is being attributed to potential SNB involvement. The EUR has the decision tomorrow that will likely keep the EURUSD reacting to the flows. The RBNZ announce their decision later today (no change expected) . For a great preview of the RBNZ decision CLICK HERE. The RBNZ is not expected to change but the bias is for easing and Eamonn is looking for a more definitive statement toward easing later in the year. Despite that expectation the NZDUSD (and AUD with it) have moved higher.
Bank of Canada at 10 AM ET. along with US wholesale inventories. The weekly US oil inventory data will also be released at 10:30 AM ET
