Market Research: GBP

Source: Dukascopy Bank SA
The rally that has been seen on Aussie and kiwi are finally running out of steam, as both South Pacific currencies posted solid loses over the last five trading days. At the same time, major currencies like the Euro, greenback, Yen, Swiss Franc as well as the Sterling remained almost unchanged. The main gainer was Canadian Dollar, posting a 0.9% gain, despite Stephen Poloz comment's the rate-cut option is still alive. Earlier the currency was pushed higher by strong retail sales and optimistic data from the U.S., as durable goods orders surprised markets to the upside, meaning demand in Canada's largest trading partner is picking up. 

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