The US dollar has bounced a bit during the trading session on Friday as PMI numbers in the United States came out hotter than anticipated. Furthermore, we also had a technical area just underneath which of course, being the 50 day EMA, attracted a certain amount of attention. Various trading systems and algorithms will be paying close attention to the 50 day EMA, as per usual.The US dollar has rallied against the Canadian dollar quite significantly over the last several months. Although we've had the occasional pullback, this shows that there is a lot of resiliency in the green back. This is not only about the ... (full story)