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CAD and crosses in a technical snap-shot - TDS

FXStreet (Guatemala) - Analysts at TD Securities gave a snapshot analyses of the Canadian dollar and crosses...

Key Quotes:

"USD/CAD bull trend getting back on track on break above 1.24445/50."

"EUR/CAD remains range bound."

"AUD/CAD consolidates but downside risks remain."

"GBP/CAD's quick recovery needs to extend through 1.92 soon ideally to maintain positive momentum."

"CAD/JPY's turn lower today risks stifling the nascent recovery seen earlier in the week."

PBoC off-setting FX intervention - SG

Kit Juckes, Global Head of Currency Strategy at Societe Generale explained that the PBoC has been using reserves to prevent rmb depreciation, which tightens domestic liquidity.
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USD/CHF drops toward 0.9200

The Swiss franc printed a fresh daily high against the US dollar on a quiet American session. USD/CHF dropped to 0.9215 and it was trading at 0.9225, still unable to move significantly away from 0.9250.
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