USD/CAD: Key resistance is 1.3065 – Scotiabank

USD/CAD: Key resistance is 1.3065 – Scotiabank

FXStreet (Guatemala) – Eric Theoret, CFA, CMT Currency Strategist at Scotiabank explained that Wednesday’s fresh 11-year closing high is notable, however USD/CAD has yet to break its intraday 2009 high at 1.3065.Key Quotes:”The RSI has not confirmed the fresh highs in USD/CAD, peaking at 76 on JulSee Original Article

GBP/USD Risks Bullish Breakout on Strong U.K. Retail Sales Report

A further expansion in U.K. Retail Sales may generate a near-term breakout in GBP/USD as signs of a stronger recovery boost interest rate expectations.
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United States CB Leading Indicator (MoM) above expectations (0.2%) in June: Actual (0.6%)

FXStreet.com (Barcelona) For more information, read our latest forex news.
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Chinese Banks' Forex Settlement Deficit Expands in H1

However, they sold-off over 970-billion U.S. dollars in forex through the same period. Wang Chunying with the State Administration of Foreign
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