FX trade was relatively quiet in London morning trade, with little in the way of data to drive prices, and nothing new to report on Greece. For the most part, traders remained near the sidelines, in anticipation of ECB Chief Draghi testimony to the European Parliament later in the session. Data from the U.S. will include new home sales and EIA petroleum inventory data. EUR-USD peaked at 1.1388 before easing back under 1.1350, while USD-JPY idled largely between 118.70 and 118.90. Relatively hawkish comments from BoC governor Poloz on Tuesday, kept USD-CAD under pressure.
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