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Tag Archives: FX Weekly

FX Weekly: Dollar’s Technical Tone Improves

It is not that the US dollar had a particularly good week.  It was mixed.  The best performers were sterling and the Canadian dollar. The pound led with a 1.5% gain, followed closely by the Canadian dollar.   The latest polls suggest that those who want the UK to remain in the EU have generally seen some gains in the polls.  Also, unwinding short cross positions against the euro, helped sterling get better traction against the greenback.  Firmer oil, better data, and a central bank that...

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