USD/BRL: A break above 5.0000 would suggest a retest of the 5.0500-5.1000 range – CIBC

USD/BRL retested the 5.0000 level during the second half of January.
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US Dollar has meltdown ahead of US Jobs Report

The US Dollar (USD) is getting hammered after a very choppy Thursday where three key elements were enough to punish the Greenback. The first of these was a headline from the US Defense saying that plans had been approved for strikes in Iraq,
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