USD/CAD might move lower to test support at 1.2540/50 – TDS

Shaun Osborne, Chief FX Strategist at TD Securities, views that USD/CAD looks mildly overvalued based on their FV regression model, and further predicts the pair might move lower to test the support at 1.2540/50.
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German Bunds are the markets beacon – MP

With Draghi’s bond buying program off to a start, Dean Popplewell, Director of Currency Analysis at MarketPulse, comments that investors should be following the German 10-year Bund for greater clarity into the European bond market.
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