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Forex: USD/CAD stays down after US, Canadian data

FXstreet.com (Córdoba) - The Canadian dollar held pretty steady and continues to consolidate gains versus the greenback after the latest string of US and Canadian showed US jobless claims declined more than expected last week to 346K, while Canadian house prices rose slightly in February.

USD/CAD barely reacted to the data and held below the 1.0100 mark. The pair is currently trading around 1.0090, where it is 0.5% below its opening price, having hit a 2-month low of 1.0082 during the European session.

In terms of technical levels, next supports for USD/CAD are seen at 1.0080 and 1.0035 (100-day SMA), while resistances could be faced at 1.0110 (intraday level) and 1.0160 (100-hour SMA).

Forex: EUR/USD retreats to 1.3110/15 after US data

The bloc currency extended its correction lower on Thursday, after the US labour market data improved during the last week, with Initial Claims falling beyond expectations to 346K vs. 388K in the previous week...
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Forex: EUR/JPY retraces from highs and trades below 130.50

After rising around 110 pips from 129.70 in the Asian and European session, the EUR/JPY break above the 130.50 level and reached fresh highest since January 1st at 130.81. But the pair was unable to hold highs and the Euro traded lower against the Yen test the 130.00 area.
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