Canada: Canadian Portfolio Investment in foreign securities fell to $0.95 B in July

FXstreet.com (Edinburgh) -Canadian residents have purchased $0.95 billion in foreign securities during July, while foreign residents incremented their holdings of Canadian securities by $6.09 billion.

Sep 16, 2013

USD/JPY capped by 99.00 ahead of US data

The USD/JPY is heading downwards since the opening of the European trading session, mainly due to the American dollar sharp sell off on Summers resignation.

Flash: Early end to Summer casts doubts over Septaper - BMO Capital Markets

Stephen Gallo, European Head of Currency Strategy at BMO Capital Markets notes that the most important aspect of Larry Summers’ withdrawal from the Fed leadership race for the FX space is that it raises questions over the timeline for ending QE3 Bernanke tentatively proposed in June.