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Forex Flash: Commodity Currencies technically bearish - UBS

FXstreet.com (Barcelona) - UBS strategists Gareth Berry and Geoffrey Yu have taken a technical look at today´s commodity pairs and are technically bearish in outlook.

Starting with AUD/USD, they note that the pair is targeting support at 1.0221 and a break here would be negative opening 1.0115. They see resistance at 1.0323 ahead of 1.0385. Moving to USD/CAD, they write, “Initial support is at 1.0052, a break below which would expose 0.9987. Resistance is at 1.0096 ahead of 1.0132.”

Forex Flash: Dollar receives support from QE impact - BTMU

Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that the US dollar is continuing to derive support from further monetary easing outside of the US which is helping to offset the negative impact of the Fed’s QE3 programme upon the US dollar.
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Dijsselbloem calls for deeper integration of EU financial sector

European Commission president José Manuel Barroso, EU Commissioner for Economic and Monetary Affairs Olli Rehn and Eurogroup chief Jeroen Dijsselbloem spoke at the “Blueprint for a deep and genuine EMU” conference in Brussels on Tuesday on the future of the European Monetary Union.
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