A look at what is on the board for today
Just one to really take note of on the day, as highlighted in bold.
That being for USD/CAD at 1.2620, which may offer some light attraction closer to the lows to start the week for the pair. But it doesn't hold too much technical significance, so it might not offer too much importance on the day.
I'd argue that conditions in the bond market and energy prices are more relevant to USD/CAD at this point in time, adding to risk sentiment as well.
There is a biggish one for EUR/USD near 1.1750 but I don't see that coming into play all too much unless the dollar weakens materially alongside Treasury yields.
It is unlikely but month-end and quarter-end flows may keep things more messy as we navigate through the next two days.
For more information on how to use this data, you may refer to this post here.
