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A fairly steady start


A fairly subdued start in FX and across assets.

  • Seems the early small story was on Deliveroo IPO, with the stock dropping some 30%.
  • Some of that price action is attributed to the end of lockdown
  • USD is now better bid against all G10s, beside the Yen.
  • Bund has traded in a 20 ticks range in the past hour, with the curve staying flat.
  • ALL EYES today will be on Biden's infrastructure plan, with the presser set for 16.20ET

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