US January 12 Redbook index (MoM) improves to -0.2%; 3.1% (YoY)

USD/CAD capped by 1.0980

The Canadian dollar is trading almost unchanged against its neighbour on Wednesday, taking the USD/CAD to the 1.0970/65 area ahead of the BoC meeting...
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EUR/JPY tests 141.80 area

The EUR/JPY is trading higher on Wednesday amid sterling bullishness across the board. After rallying 70 pips from 141.10 in the European session, the EUR/JPY broke 200 hours MA at 141.65 and it's now testing the 141.80 area, January 21 highs.
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