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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.

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.
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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.
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