Canadian Dollar Outlook: USD/CAD on Cusp of Breakout Despite BoC’s Hawkish Hold

USD/CAD rises to its best level since late March and challenges a key technical resistance zone, opening the door to a possible bullish breakout and the prospect of additional upward momentum.

from DailyFX – Market News https://bit.ly/3ZmSEdr
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Euro Forecast: EUR/USD on Bearish Path on US Exceptionalism, Key Levels Ahead

EUR/USD falls to its weakest level in three months as markets price in higher odds of additional Fed tightening in 2023 following strong and better-than-expected U.S. economic data.

from DailyFX – Market News https://bit.ly/3Z5bLbI
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Japanese Yen and Nikkei on the Move as Officials Send Latest Warning

The Japanese yen nervously depreciates to levels that could trigger another round of FX interventions after officials communicate disconnect between rate and fundamentals

from DailyFX – Market News https://bit.ly/3P7ce8z
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