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Another day, another dollar decline as........>

FOREX
FOREX: Another day, another dollar decline as Mnuchin endorses the softer
greenback.
-The USD traded poorly in Asia and it's only gotten worse as US Treasury
Secretary Mnuchin stated that a weaker USD is good for trade; informally
endorsing the dollar's decline. DXY sits at fresh three-year lows and almost all
major G10 pairs are sitting at multi-month (or multi-year) highs as a result.
-GBP was given an extra lift after wages accelerated in the 3m to November and
GBP/USD touched $1.4119 before fading just below the handle. Key resistance
levels are layered between $1.41-1.42, starting with the the channel top at
$1.4144.
-EUR rallied following better PMI figures from France and Germany, with EUR/USD
eyeing touted barrier interest at $1.2350.
-AUD is being buoyed by stronger energy and metals prices, and AUD/USD now
targets Sep20 highs at $0.8102.
-Session ahead sees US PMIs for January, existing home sales and a 5yr note
auction.

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