USD/JPY rose during the session on Tuesday to test the 79 handle again. This suggests to us that the buyers are stepping into the markets again, and are trying to push this pair higher. Certainly, the Bank of Japan won't complain.
The USD/CAD pair fell flat for the session on Tuesday as we approached the 0.98 handle. This is a simple case of the market retracing and retesting a former support level.
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