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A red start for the Dollar

USD
  • A red start for the Dollar, but the USD is still deep in green territory Year To Date.
  • Overall, the Currency is mostly closer to flat, CHF is just down 0.03%, while the EUR and the AUD are up ~0.11% respectively.
  • Despite some pullback lower in Yields, USDJPY is still trading closer to the next key resistance noted at 151.91/95 High Nov 13 / High Oct 1 ‘22 and major resistance, failed at 151.86 on Friday, and managed a 151.45 high overnight.
  • Early small mover is the EURCHF, testing session high, but the pair remains well within the wide traded range achieved following the unexpected SNB rate cut.
  • Small resistance moves down to 0.97573 in EURCHF.
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