USDCAD support continues to hold

Market News & Analysis Lower oil price helped to stabilize the USDCAD overnight as it threatened to break its longer-term support level seen at 1.3295. After dipping below on positive Canadian CPI and trade balance data buyers returned to maintain the base. While...

NZDUSD sitting at key support

Market News & Analysis It’s been a mixed week for the NZDUSD so far, buyers staged a midweek fight back but that was quelled overnight by positive US data that lifted the USD. Sellers jumped into the NZDUSD sending it 38 pips lower to this morning’s US...