Oliver to replace Flaherty as Canada's FinMin

FXStreet (Bali) - Canadian Broadcasting Corp just informed that Canada’s new finance minister will be Joe Oliver, replacing Jim Flaherty on the post, after his resignation with immediate effects on Tuesday.

Mar 19, 2014

USD/CNH: New 10-month high, watch WMP structures above 6.20

USD/CNH or offshore Yuan, is under intense buying pressure at the open of Chinese trading, with the market over-reacting to a slightly higher fix in USD/CNY.

AUD/USD testing the downside on 0.91 handle

AUD/USD has picked up some selling interest onto 0.9120 and beyond, testing the downside and areas of Mondays highs which currently acts as a level of support ahead of 0.9110.