– Overall volumes picked up to make Tuesday the fourth most active day of the past year, with JPY topping the G10 ranking as it has done for much of 2013.
– NZD/USD broke below range lows and the increase in volume signals investor appetite to take profits.
– USD/CAD volumes have been declining as the price has risen over the past few days, suggesting bullish fatigue at higher levels.
– An increase in EUR/CHF activity along with a bullish daily candle points to buying interest emerging at the lows.
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Barclays