US Fed vice-chairman speaking at the BOF event in Paris

  • mon policy may be more constrained by zero-bound now
  • negative interest rates would be tough to implement quickly in US

Nothing of note and frankly I think that will be the pattern of the day but we'll always expect the unexpected if we're wise.

Meanwhile GBPUSD down at 1.4435 EURUSD 1.0846 finding support into 1.0840 again with EURGBP still underpinned at 0.7514

USDCAD down testing 1.4200 as oil firms and AUDUSD feellng a but of love at 0.6987 but offers still holding at 0.7000 that I highlighted earlier.