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Forex: USD/CAD in fresh highs above 1.0180

The Canadian dollar is accelerating its negative momentum against its neighbour, after the hawkish tone from the FOMC minutes boosted the USD above 1.0180

According to the minutes, the US economic activity is expanding at a moderate pace and further easing would wake up undesired risks.

As of writing, the pair is up 0.66% at 1.0182 facing the next resistance at 1.0200 (psychological level) ahead of 1.0232 (high Jul.25) and then 1.0251 (high Jul.12).
On the flip side, a breakdown of 1.0101 (high Jan.25) would aim for 1.0055 (low Feb.18) and then 1.0052 (MA10d).

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The US Dollar Index, which tracks the greenback against its major rivals, intensifies its intraday upside after the FOMC minutes have surprised investors with a hawkish tone....
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Forex: USD/CHF jumps above 0.9275

The USD/CHF has reacted up following the FOMC minutes with the pair rising around 50 pips in the latest hour from 0.9230 to break above the 0.9250 level and reach highest price since January 28 at 0.9285.
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