– Activity at the end of the week was dominated by CAD, which posted a top-ten volume day for the past year.
– USD/CAD saw the highest volume above its one-week average as investor activity backed the highest USD/CAD close since March.
– Major USD pairs such as EUR//USD, GBP/USD and USD/JPY saw activity dip on Friday despite further USD gains. Additional activity like this would signal investor fatigue with the USD bull-run.
– Low levels of activity in NOK point to likely range trading.
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Barclays