The Energies Pair CAD/JPY

After slipping against the Euro in response to the robust German IFO survey, the Dollar regained its losses throughout the day on Thursday. The Pound's recent gains did manage to hold on yesterday, though they were given back during Friday's European session. Although the stronger jobless claims number may have helped the greenback slightly, it is more likely that traders simply felt that Euro bulls had over reacted to the German confidence number. Read More....