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Canada: Housing Starts rose to 180.7K YoY in February

Canadian Housing Starts rose to a seasonally adjusted 180.7K over the last twelve months in February, beating expectations and previous print at 175K and 159K (revised), respectively.

Forex Flash: USD/JPY: 100.00 seems to be a common target - BBH

The dollar is little changed against most major currencies ahead of the US data, but stronger against the yen. USD/JPY rose to 95.79, the highest since August 2009. "Barriers thought to have been around JPY95.25 and JPY95.50 have been triggered and the dollar remains firm", says BBH team.
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