The euro gained territory against the US dollar last week. The exchange rate ended the week knocking the 1.12 door.
Sterling completed the 38.20% retracement objective against the US dollar of the Brexit losses at 1.3055. The 50.00% retracement is found at 1.3430, though before it, the 1.33 level will likely offer strong resistance.
The yen reversed polarity against the US dollar. It resumed trending lower following the spark movement initiated by lower than expected retail sales and CPI figu…