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Forex: USD/CAD trend line piercing 1.020 handle

FXstreet.com (London) - The Loonie had breached 1.0200 in London’s open with continued broad dollar strength printing a high of 1.0210 at time of writing. (08.45BST). Without there being any major market moving economic data releases or events scheduled for this pair, the market will be focused broadly on sentiment for the dollar and the crosses else where. Technically also, this pair indicates bullish daily MACD readings and divergence between SMA100 and 200 with momentum in its best performance for 6 months. Support is seen at 1.0180 and 1.0140.

Forex Flash: USD attempting to break higher - BTMU

Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that the outperformance of the US dollar has extended further early this week with strength most evident against high beta currencies such as the Australian and New Zealand dollars.
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Forex Flash: EUR/USD uninterested in retaking 1.3000 - OCBC Bank

Emmanuel Ng, of OCBC Bank notes that EUR/USD has shown little desire to re-take the 1.3000 threshold in recent sessions and a violation of the 1.2900 area may see a drop to 1.2850/70 in due course.
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