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A Function of the Dollar in FX, metals falls

CROSS ASSET
  • It is still a function of the Dollar in FX, as Equities tumble and Yields edge higher.
  • New intraday high against the EUR, GBP, JPY, CHF, CNH, SGD, PLN, CZK, NZD.
  • The Pound and the Yen are now the worst performers in G10, with Cable eyeing the next immediate support noted at 1.2466.
  • Gold, Silver are finding offers, while Palladium breaks through Yesterday's low.
  • Base metals are also all lower besides Tin.

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