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12 Aug 2014

Session Recap: Ranges, small ranges; while CAD advances

FXStreet (San Francisco) - The currency market traded on tight ranges on Monday as investors seem to be in a midsummer night's dream, but not trading.

USD dollar advanced against the Euro, but limited, and it declined versus the pound and the yen, but just testimonial, most of ranges was the daily tone. On the other hand, the USD/CAD posted losses as the Canadian dollar was fueled by better than expected housing starts data.
Aug 11, 2014

NZD/USD to remain elevated in coming quarters - JPMorgan

According to JP Morgan FX Strategists, the NZD/USD should remain elevated in coming quarters, forecasting a rate of 0.84 by year-end.
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Aug 12, 2014

EUR/USD: Daily chart reveals signs of basing - TDS

According to FX Strategists at TD Securities, EUR/USD daily chart reveals some signs of potential basing which needs to be closely monitored.
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