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USD/CAD Price Forecast: Hand holds 20-day EMA amid US-Iran war

The USD/CAD pair trades flat at around 1.3645 during the European trading session on Thursday. The Loonie pair consolidates as the recovery move in the US Dollar (USD) after a slight correction has offset the strength in the Canadian Dollar.
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GBP: Sterling outperforms on positioning – ING

Chris Turner at ING notes that despite broad Dollar strength, the Pound has outperformed the Euro, with EUR/GBP dropping sharply during a recent deleveraging phase. He attributes this to stretched positioning and reduced expectations for Bank of England easing.
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