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EURJPY TECHS

Off Recent Highs

USDJPY TECHS

Uptrend Remains Intact

GBPUSD TECHS

Back In Its Bull Channel

EURUSD TECHS

Bearish Engulfing Candle

EQUITIES

Stocks Bounce, But Still Off Last Week's Best

FOREX

Havens Offered as Risk Sentiment Repairs

DOLLAR-CANADA
DOLLAR-CANADA: Lurch higher here in USDCAD and, to a lesser extent, USDJPY
headed into the 4pm WMR fix - no headline drivers for the 50 pip move in CAD,
but equities also taking a risk-off knock in recent trade.
- USD/CAD rallying sharply on initially the break of psychological 1.38 level
and is continuing to chew through the week's losses as upside targets now shift
to May26 high at C$1.3986.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com