ING’s Francesco Pesole notes that the Canadian Dollar remains a G10 laggard despite a pause, with short‑term rate differentials and global equities driving USD/CAD.
Bank of England (BoE) Governor Andrew Bailey Said during the European trading session on Friday that the central bank should monitor the situation in the Middle East and how it has been affecting the United Kingdom (UK) economy and inflation very closely and adjust policy as required.
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8176 compared to the previous day's fix of 6.8240 and 6.7685 Reuters estimate.