USD/CAD retreats from highs near 1.2860

The softer tone in crude oil prices is now weighing on CAD, lifting USD/CAD to test highs in the 1.2860 area albeit losing momentum soon afterwards.
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GBP/USD still targets 1.3502 in the longer run – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, reiterated the 1.3502 level remains on the cards in the long-term horizon. Key Quotes
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