Some EUR correction to the upside is possible today

FXStreet (Łódź) - Independent Analyst Vladimir Mihaylov notes that the EUR is consolidating close to 1.3520 on Friday.

Key quotes

"We can see some stabilization just above that support area."

"So maybe some correction to the upside is possible today for example to 1.3540-50 and then another push to the downside again."

Jul 18, 2014

EUR/GBP needs to have a good rest around 0.79

EUR/GBP spent the European morning floating just above 0,79, and nothing bothers it so far.

Downward correction in USDCAD has run its course - TD Securities

The Rates, FX and Commodities Research team at TD Securities believe that technical factors are turning bullish after the rebound from 1.0600/50 and the fundamental data flow is likely to remain challenging for the CAD.