Asian Session: BoC to talk up recovery & down CAD

07/21/09 by Daily Forex Snapshots  
Filed under Forex & Futures

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G10 Advancers and Decliners vs USD
JPY 0.38
CHF -0.18
EUR -0.23
GBP -0.54
Risk appetite seem to be on the retreat with European equity markets renting lower and US equity futures now pointing to a lower open. While the earning season has yet to provide any real surprise we still have plenty of crucial reports in the week to come. We expect the uncertainly to undermine optimism and support USD and JPY buying. Markets will be content to stick within in the ranges before…

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