Monthly archive October, 2016

USDJPY – US Dollar Remains Supported On the Downside

Key Points

  • The US Dollar recently corrected lower after trading as high as 105.53 against the Japanese Read More →

Citi Trade Of The Week: Buy USD/CAD

Currency investors should consider buying USD/CAD this week, advises CitiFX in its weekly FX pick to clients.

"Overall our bullish USDCAD view this week is driven by several factors: oil, potential risk-off across markets, US & CAD employment.

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News of Clinton probe damages USD support at week’s end; euro eases ahead of major data events this week

The US Dollar closed lower last Friday after news that the FBI was to open an investigation and probe into Hilary Clinton’s emails just a week before elections. The US Dollar index, that measures the USD against a basket of Read More →