Canada International Merchandise Trade below forecasts ($-2.1T) in May: Actual ($-3T)

FXStreet.com (Barcelona)

Jun 3, 2015

Canada Exports declined to $41.91B in May from previous $42.5B

EUR/USD expected to decline to parity by 2015-end – BAML

Strategists at BofA-Merrill Lynch forecast EUR/USD to gradually weaken towards parity by year-end, and further expect both ECB and Fed to react to any overshooting in the pair.