The CAD is trading at a two month high versus the USD and has made substantial gains versus European currencies. The outperformance of the CAD is attributed to recent Canadian economic data that points to a stronger than expected Canadian recovery. Canada’s Q4 GDP rose at its fastest space nine…
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Canada’s Jobs Growth Likely Slowed In February
Technically speaking, the USD/JPYs faces our new downtrend lines along with intraday and 2/7 highs.
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USD/JPY Charges Higher