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Flash: CAD & AUD the worst performing of major currencies last week - BBH

FXstreet.com (Barcelona) - Brown Brothers Harriman analysts note that the Canadian and Australian dollars were the worst performing of the major currencies over the past week, losing 0.4% and 0.8% respectively.

They see that since around the middle of the month, the US dollar has gained almost 4% against the Canadian dollar and nearly 7% against the Australian dollar. They write, “The technical indicators we look at still have scope for additional near-term losses for both currencies. We note the Australian dollar is approaching the lower end of a two-year-old range against the Canadian dollar, near CAD0.9900.”

Flash: The fall of foreign reserves - Societe Generale

Societe Generale strategists note that both the pace of growth of global foreign exchange reserves and the share that is held in EUR and USD will continue to fall.
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Flash: Greater FX volatility would help deter CNY carry - BTMU

Cliff Tan, East Asian Head of Global Market Research at the Bank of Tokyo Mitsubishi UFJ believes that the next few weeks will offer more insight into whether and how Chinese authorities might better manage their capital inflows problem this year.
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