BOC’s Poloz: Too early to tell impact of Trump election

Bank of Canada’s Poloz, during the press conference, said it is too early to tell the impact of Trump election and the central bank would not react to hypotheticals.

Poloz added that the level of uncertainty for businesses has dropped following US elections. “Some view of higher rates in US was already in forecast”, Poloz said.

USD/JPY off-highs, tracks Nikkei, T-yields lower

USD/JPY fades a spike to 112.25 region, and now reverts to 112 handle amid a softer tone seen on the Japanese stocks as well as in the US treasury yie
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GBP/USD: Downside opening up for a test of 1.2300?

The GBP/USD pair remains under pressure so far this session, having breached 1.24 handle once again, as the bears eye a break below Monday’s low for f
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