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USD/JPY Price Forecast: Remains close to 159.00, descending channel top
USD/JPY remains subdued for the second successive day, trading around 158.90 during the early European hours on Thursday. The currency pair is holding a constructive bullish bias as spot remains above both the nine-day and 50-day Exponential Moving Averages (EMAs).Fxstreet
Thu, May 21
Canadian Dollar weakens to near 1.3750 on softer Canadian CPI, US-Iran diplomatic hopes
The USD/CAD pair gathers strength to near 1.3765 during the early European session on Thursday. The Canadian Dollar (CAD) softens against the US Dollar (USD) on cooling domestic inflation data and a decline in crude oil prices.
Fxstreet
Thu, May 21
AUD/USD Price Forecast: Picks up above 0.7120 after finding support in the 0.7100 area
The Australian Dollar (AUD) gives away gains against the US Dollar (USD) on Thursday, as soft Australian employment data cemented hopes that the Reserve Bank of Australia (RBA) will take a pause in the coming months after three consecutive rate hikes.Fxstreet
Thu, May 21
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