Live Comments Dollar higher into US session. 0.9490 in USD/CHF watched

    Dollar higher into US session. 0.9490 in USD/CHF watched

    Dollar rises broadly entering into a rather busy US session. 

    ECB will announce rate decision at 12:45 GMT. But focus is on Mario Draghi’s press conference at 13:30 GMT.

    US will release challenger job cuts, jobless claims.

    Canada will release housing starts, building permits, new housing price index.

    Also BoC governor Stephen Poloz will speak.

    And, Trump will formally sign the order for steel and aluminum tariff. Canada and Mexico are expected to get temporary exemptions.

    Based on CHF’s broad based weakness, 0.9490 in USD/CHF will be a level to watch.

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