Boris and Kathy Forex Weekly – 17/10/2016 – Commodity Dollars

The U.S. dollar traded higher against all of the major currencies last week with the exception of the Australian and Canadian dollars. The British pound was the worst performer but the big stories were EUR/USD, which knocked on 1.10’s door and USD/JPY, which is eyeing 105. The Canadian dollar bucked the trend thanks to oil. Next week will be a busy one that with central bank decisions, employment and inflation reports scheduled for release along GDP numbers from China.

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