Forex, video, latest April 8, 2021 1:01 pm
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a USD is slightly softer to start a day after having held steadier inside trading yesterday as a push also pull this week continues.
a market continues its find for further direction with equities not offering a lot of to work with, keeping rather tepid also flattish. Meanwhile, Treasury yields are keeping steadier after a pullback at a start of a week.
EUR/USD continues to become limited closer to its 200-day moving average @ 1.1882 for now, with overnight gains failing to hold above 1.1900 before falling at a end.
Commodity currencies are also having a relatively mixed week with AUD/USD bouncing off support close to 0.7600 again but any upside momentum remains wanting.
USD/CAD continues to stick closer to 1.2600 with large expiries seen rolling off at a figure level tomorrow, with topside limited by resistance around 1.2629-47 for now.
It’s pretty much a slow one this week as us await more clues inside a market.
On an unrelated note, us’re having technical issues so expect some delays to a posts inside a session ahead. Please bear with us also I apologise for a inconvenience caused.
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