FX Action: USD-CAD eased into the 1.0150 region FX Action: USD-CAD eased into the 1.0150 region into the North American open, where good bidding interest has been in place. Weaker risk appetite, along with some general recovery of the greenback has supported the pairing so far, though 8:30 EDT data from the U.S. could shake things up near term. Sell stops are noted under 1.0145, though more bids are layered from 1.0120 to 1.0100.
Bernstein's analysts hold an analyst/industry conference call Analysts discuss how to invest for European regulatory change on an Analyst/Industry conference call to be held on June 13 at 9:30 am.
U.S. weekly jobless claims preview: U.S. weekly jobless claims preview: jobless claims for the June-6 week are expected to decline 5k to 341k (median 345k). Analysts saw an 11k claims drop to 346k in the Memorial Day week of June, following a 13k bounce to 357k (was 354k) in the final week of May, as claims have resumed their sideways trend above late-April's 327k five-year low. Analysts expect a 165k June nonfarm payroll gain following the 175k May rise.
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