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Dollar Demand Strong at Start of Critical Economic Data Week

Dollar Demand Strong at Start of Critical Economic Data Week

Christopher Vecchio, CFA, Senior Strategist

Talking Points:

- USDCAD jumps to fresh yearly highs above C$1.3150.

- USDOLLAR retains range/flag, eyes move above 12063.

- See the DailyFX economic calendar for Monday, August 3, 2015.

See the above video for technical considerations in EURUSD, USDJPY, USDCAD, AUDUSD, and the USDOLLAR Index.

Read more: Euro Staying Afloat amid Short Position, Carry Trade Unwind

--- Written by Christopher Vecchio, Currency Strategist

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.