Forex news for US trading on October 20, 2015:
– Canadian wholesale trade sales -0.1% vs 0.2% exp m/m
– BOE’s McCafferty: Zero inflation doesn’t influence his vote
One event that grabbed the market’s attention was a rise in one-month T-bill yields to 0.10% from right around zero near the end of last week. They hit the highest since April yesterday and today and the fear has begun to percolate.