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Forex: USD/CAD climbs to highs around 1.0045/50

The Canadian dollar has quickly depreciated against the greenback on Friday, pushing the cross to levels in the boundaries of 1.0050 after the Canadian shipments contracted 3.1% during December, below expectations and November’s print.

At the moment, the cross is advancing 0.30% en 1.0040 and a surpass of 1.0044 (high Feb.13) would expose 1.0079 (Upper Bollinger) en route to 1.0088 (high Feb.12).
On the downside, support levels line up at 1.0002 (MA10d) ahead of 0.9995 (MA21d) and finally 0.9992 (MA200d).

Canada: Manufacturing Shipments contracted 3.1% MoM in December

Canadian manufacturing sales have contracted 3.1% during December, below the median at -0.8% and markedly lower than November’s expansion at 1.9%.
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Forex: EUR/JPY in highs around 125.00

The cross is trading in session highs in the proximities of 125.00 after the G20 gave green light to the current monetary easing in Japan, accelerating the weakness in the yen...
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