NY Open: Twenty pounds of headlines
Markets started the day in a confusion of incoming news as ECB chatter met with trade talk updates and US macro data. EURUSD took it on the chin and dropped from 1.1270 to 1.1235.
FX Trader, Loonieviews.net
Summary: The Bank of Canada has deleted a key passage of rate hike caution, signalling hawkish intent and sending USDCAD sharply lower.