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USDCAD TECHS

Returning Lower

US TSYS SUMMARY

Risk-On Ahead July Employment Report

SOUTH AFRICA

New Finance Minister Godongwana Profile

AUDUSD TECHS

Bearish Focus

CHINA YUAN
CHINA YUAN: EURCNH broke firmly out of its recent trading range yesterday and
looks to close the week at its highest level since 2014. The strength was driven
entirely by the rally in EURUSD, which has triggered an inverse
head-and-shoulders formation pointing to further gains. 
- GBPCNH also bounced strongly of resistance-turned-support at 9.0 and looks set
to close the week at its strongest level since the Brexit vote crash. This is a
significant break which looks set to send the pair back towards pre-Brexit
highs.  
- With USDJPY bucking the global trend of dollar weakness, JPYCNH has fallen
hard, breaking below support at 6.1 in what looks like a head-and-shoulders
formation.