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Higher Canadian Inflation Does Not Provide Much Support for Canadian Dollar

Rising Canadian inflation is not providing much support for the Canadian dollar on Friday as it remains under modest pressure against the greenback.Although the U.S. dollar is up on the day against the loonie, the cross has struggled to make gains through most of the session. USD/CAD has been unable to hold gains past 1.2150 CAD. Through most of the session the cross has bounced between support at 1.2065 CAD and resistance at 1.2158 CAD. The cross

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Euro Pound (EUR GBP) analysis

Forex trading. EUR/GBP (Euro British Pound) technical analysis

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Usd And Cad Forecast – Week Of Monday 15 June 2009

USDThe USD has gone increasingly volatile as of late against its major currency pairs. The USD/JPY cross is down for a second day at 96.42. This comes about as the U.S. shows some negative economic data for a second day in a row. Against the EUR, the USD is currently down by 30 pips at 1.3827. Versus the Pound, the USD has recorded ups and downs in the past week, and is down over 150 pips against the GBP at

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