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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

US DATA
US DATA: March Business Inventories
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- Mar business inv flat as expected by MNI & BBG. Business sales +1.6%. 
- Mar retail inv now -0.3%, ex. auto flat.
- Total business inv ex retail auto +0.1%.
- Unpublished retail inv components +0.3% based on MNI calc.
- Inv/sales ratio down to 1.37 from 1.39 in Feb, up from 1.36 yr ago.