Canada Housing Starts s.a (YoY) below expectations (220K) in April: Actual (214K)

May 8, 2018

EUR/USD dives farther below 1.19 handle, fresh YTD lows

• USD jumps to over 4-month tops and keeps exerting downward pressure. • Technical selling below 1.19 mark further aggravated the downfall.

USD shorts edged lower, EUR longs fell back - Rabobank

According to IMM net speculators’ positioning as at May 01, 2018, short USD net positions edged a little lower for a second consecutive week most like