The US dollar fell back after May’s PCE came out short of expectations. After a brief pullback, the pair found solid support next to the former resistance at 134.30. A pop above the recent high (136.70) suggests that the bulls are back in the game. This is a bullish sign that the overall direction remains […]
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The Canadian dollar posted its fourth straight losing week, declining about 1%. In Monday’s European session, USD/CAD is trading at 1.4397, up 0.16% at the time of writing. Canada’s GDP expected to remain at 0.1% Read more…
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