USD/CAD: 1.3188/1.3219 region on the topside next level – RBC CM

Elsa Lignos, Senior Currency Strategist at RBC CM, notes that the USD/CAD has posted three consecutive daily gains as crude oil prices remain under pressure.

Key Quotes

“The resulting bullish triangle breakout above 1.3092 opens up the 1.3188/1.3219 region on the topside next, with support at 1.2945 and 1.2836 expected to attract buying interest.”

Jul 12, 2016

USDJPY: Hopes building that Abenomics will be given second wind – MUFG

Lee Hardman, Currency Analyst at MUFG, notes that the yen has continued to weaken in the Asian trading session following on from its largest daily dec

EUR/GBP slammed to 0.8450 ahead of Carney’s testimony

The British Pound continues to gain traction against its European counterpart, with the EUR/GBP cross extending its corrective move for fourth consecu