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CANADA

BOC Exclusive

EURGBP TECHS

Bearish Risk Still Present

AUSSIE 3-YEAR TECHS

(M1) Broad Range Intact

GBPUSD TECHS

Outlook Remains Remains Bullish

COMMODITIES

Iran Deal Headlines Prompt Sharp Oil Sell-Off

MEXICAN PESO

USD/MXN knee-jerked higher in reaction to the release of Mexico's daily coronavirus case count, as the number of patients topped 500,000. The rate has backed off highs, last trades +112 pips at MXN22.1784.

  • Nearest resistance seen at the 50-DMA (MXN22.4246), followed by Aug 4 high of MXN22.9097. Downside focus falls on Jul 29 low of MXN21.8502.
MNI London Bureau | +44 203-865-3806 | krzysztof.kruk@marketnews.com