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BBDXY Firms, Shy Of Yesterday's High

USD

The USD turns bid on the back of the firmer-than-expected round of U.S. labour market data and now finds itself closer to the top of the G10 FX performance table than the bottom (where it resided pre-data), although the broader BBDXY is still shy of yesterday’s best. An unwind of some of the pricing of Fed cuts in STIRs also supports (more on that shortly).

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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