USD/CAD: Loonie to see temporary weakness amid overbought conditions – MUFG
The Canadian dollar has continued to correct modestly lower against the US dollar resulting in
GBP/USD clings to modest gains near 1.4065-70 area, US Retail Sales awaited
Renewed USD selling bias assisted GBP/USD to regain positive traction on Friday. Dovish Fed expectations,
USD/CAD Price Analysis: Tests 50-HMA after rising wedge breakdown
USD/CAD bulls trying to defend the 50-HMA support. The spot has charted a rising wedge
USD/JPY: Scope to reach the 110.00 psychological mark
USD/JPY has embarked into a gradual correction lower after hitting monthly highs near 109.80 in
Wall Street snaps losing streak, but retail sales get the final say
· Stocks bounce back as Fed calms tapering nerves, dollar retreats · US retail sales
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