JPY and CAD struggle to keep up

By Smart Currency July 16th, 2013

Elsewhere, the Japanese yen struggled yesterday in part due to the disparity in future monetary policy in Japan versus the US. The Canadian dollar also struggled yesterday alongside falling commodity prices and ahead of the Bank of Canada rate setting meeting on Wednesday. Overnight we saw the Reserve Bank of Australia release the minutes from its latest monetary policy meeting and later on today we have manufacturing sales figures released from Canada. Call Smart today for the latest news, and live quotes, for your currency.

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JPY and CAD struggle to keep up

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