It’s a leading indicator – Matches the lowest since Dec 2014 It’s a minor signal but it’s a poor one. Related posts: Rbi says Accepts All 28 Bids for 108.78 Bln Rupees at Saturday’s 2-Day Reverse Repo Auction Fitch – Brazil’s continued Economic Underperformance, increased Macroeconomic Imbalances Increasing Downward Pressure on USD/CAD clinches 1.2500 Japan PM Abe: markets have calmed somwhat, outlook unclear Post navigation Forex Technical Analysis: Trend potential – The range 101.59-102.08 Long-dated Euro Yields fall, Japanese Interest Expected