HIGHLIGHT OF THE DAY
Fresh news flow of any interest to FX was non-existent. the sole item that perhaps could have caused a stir, but didn’t, was that a gaggle folks senators (bipartisan) had reached an agreement on a US$1.2tln infrastructure package and the way to buy it. there’s still negotiation to be done on this, with party members (on both sides) and therefore the US administration. Data released here during the session did not have an impression either. EUR/USD, USD/JPY (and hence EUR/JPY) are up a couple of tics. CAD, AUD, and NZD are all little changed. Gold too is small changed, hovering around its overnight post-CPI high.