EUR/USD trades close to 1.4030 with US bond yields closing out the week at a 3.45 % yield, it’s highest.
Crossing the wires now are comments from Canadian finance minister Flaherty that he sees glimmers of hope in Canadian economy including retails sales.
Sales rose for the third month in a row, Canada reported today.
Manufacturing will likely be a smaller part of the economy going forward, Flaherty conceded
USD/CAD trades at 1.1220, about 15 pips above session lows.
