OVERVIEW
- US Dollar steadied after a possible inversion in the Treasury Yield curve
- The Pound trades well off its lows as Brexit outlook turns more positive
- Canadian dollar hits an 18-month low as rate hike chances are slashed
HIGHLIGHT
The Loonie hit an 18-month low today as a rate hike was put on the back burner by the Bank of Canada. This announcement weakened the currency against the Greenback posting a high of near the 1.34 handle.