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Spain’s JusticeMin: Catalan leader can't solve crisis by calling elections

Spanish Justice Minister Rafael Catala said during a radio interview on Tuesday, the Catalan leader Carles Puigdemont cannot solve its political crisis with Madrid just by calling regional elections, Reuters reports.

Key Quotes:

“When the government proposes an option so extreme as article 155 (powers) it’s because we believe that there has been a serious failure by Puigdemont to meet his obligations.”

“Everything is not fixed just by calling an election.”

USD/CAD clocks fresh 2-month tops, nears 1.2700 ahead of BOC

The selling pressure behind the Canadian dollar remains intact in the European session, with USD/CAD now printing two-week highs near 1.2670 region.
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USD/JPY moves higher to the 113.70 area, session tops

The Japanese Yen is trading on the defensive vs. the greenback on Tuesday, motivating USD/JPY to revert part of yesterday’s pullback and regain the up
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