NY Open: Watching paint dry
Traders are on tenterhooks ahead of the release of the latest FOMC meeting minutes later today. They shouldn't bother. Fed board members have repeatedly flown the dovish flag in recent days, so why expect surprises?
FX Trader, Loonieviews.net
Summary: New York opened with a bounce, although volatility remains elevated in the wake of Wednesday's equities plunge. In forex, we are watching USDCAD detach from WTI prices on the decline in WCS Canadian crude.