USD/CAD decline expected to hold at 1.2744/30 – Commerzbank

Axel Rudolph, Senior Analyst at Commerzbank, noted the pair should meet support in the 1.2744/30 band. Key Quotes “USD/CAD’s decline is ongoing and
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NZD/USD slides to 2-1/2 week lows, around mid-0.6500s ahead of US data

   •  Kept losing ground for the second straight session amid a modest USD uptick.    •  Hawkish comments by Evans/pickup in the US bond yields reviv
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