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All the action is in FX

  • Early FX move is to the upside for the Dollar, at session high against EUR, GBP, SEK, CAD, GBP, SEK, SGD, PLN, INR, SGD, MYR.ILS and MXN.
  • Gold is also taking its cue from inflationary risk and is at session high, but well short of yesterday's high at $1868.69, now at $1856.
  • EURUSD is at lowest levels since 21st July 2020, and support is on that date's low at 1.1426.

Chart source: Bloomberg

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