The snapshot of the market
The USD is the strongest, while the CAD is the weakest as the NY day begins.
The USDCAD is the biggest mover at 87 pip range (of the majors). It is trading at the highs. NAFTA concerns are weighing. Mexico's Guajardo was just quoted as saying that he puts the chance of a deal at 40% by the July Mexican elections. The EURUSD and GBPUSD are also near their low extremes (higher dollar). The EURUSD has taken out the lows from Wednesday in the process. The GBPUSD still has some room before reaching its Wednesday low at 1.3304 (currently at 1.3337 with a low for the day at 1.3323).
