Daily Forex Technical Report - Focus on BoE Minutes and Canadian Retail Sales |
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Action Insight Daily Report Focus on BoE Minutes and Canadian Retail Sales Dollar retreats mildly overnight on recovery in the commodity markets. However, outlook in the forex markets is rather mixed for the moment. On the one hand, in addition to USD/CAD, USD/CHF and USD/JPY should have confirmed a short term top. However, price actions in AUD/USD and GBP/USD argues that they're just in sideway consolidation only. The rebound in EUR/USD is not yet strong enough to confirm a short term bottom
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