Sean’s got the rest of the week off and I’m sure he’s enjoying the longest day of the year in the Southern hemisphere. Meanwhile, it’s already dark outside at 4:00 p.m. here in Northern Canada on the winter solstice.
At the close of the day, CHF is the laggard, followed by EUR. The Canadian dollar led after strong retail sales followed by GBP. Overall, the changes were minimal with all the changes less than 50 pips.
Flows will continue to dominate with a quiet calendar. At 2350 GMT we get data on Japanese capital flows and some comments from BOJ Governor Shirakawa at 0430 GMT.
