Italy to reply to EU's letter by Monday - Reuters

Citing government sources with direct knowledge of the matter, Reuters reported that Italy would reply to the EU's letter on 2019 budget proposal by the set deadline, Monday, October 22. 

USD/JPY clings to daily gains around mid-112s ahead of Wall Street's opening bell

After closing the previous day lower with the JPY taking advantage of the risk-off mood, the USD/JPY staged a modest recovery during the first half of
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USD/CAD rallies beyond 1.3100 mark, over 1-month tops on dismal Canadian CPI/retail sales

   •  Softer Canadian CPI print/retail sales prompt aggressive short-covering move in the last hour.    •  Resurgent USD demand provides an additiona
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