Federal Reserve (Fed Bank of New York President John C.
The Canadian Dollar (CAD) has picked up a little ground in quiet trade to move back through the low 1.39s but its broader underperformance is extending and the chances of a significant rebound on its own merits look limited at this point, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theo
Recovery in Australian Dollar (AUD) has room to test 0.6565; a continued rise above this level is unlikely. In the longer run, the price action continues to suggest AUD weakness, likely toward 0.6500, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.