Expect a similar message from the ECB tomorrow.
USD/CAD popped to 0.9908 from 0.9873 on the headline after triggering stops above 0.9890…
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BOC holds rates steady; need to raise rates has diminished
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- USD/JPY wipes out a chunk of the likely intervention play earlier, so what's next?
- ECB policymaker Nagel says more appropriate to respond in June if outlook does not improve
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- UK April Nationwide house prices +0.4% vs -0.3% m/m expected
- FX option expiries for 1 May 10am New York cut
- Reminder: European markets will be closed today
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