Greenback is strong while majors are weak - Scotia

FXStreet (Guatemala) - Eric Theoret, CFA, CMT Chief Currency Strategist at Scotiabank explained that the USD is strong.

Key Quotes:

"Commodities are weak, hinting to the impact of broader strength USD with oil, copper and gold under modest pressure and proving a weight to CAD, AUD and NZD."

"The majors are also weak, with overnight reminders of potential reserve rate adjustments at the BoJ following Thursday’s affirmation of ECB accommodation from ECB President Draghi."