Canadian Dollar: Could IVEY PMI Trigger A Breakout?

 03.07.2008 22:15   actionforex.com

CAD/JPY would be the biggest beneficiary of a strong IVEY PMI number. The market has turned dollar bullish after it learned that the non-farm payrolls report failed to threaten the current trajectory of Fed monetary policy. This helped to lift USD/JPY as well as the other yen crosses. CAD/JPY has...

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