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MNI

Test, Please Ignore

EUROZONE ISSUANCE

EGB Supply for W/C Jul 26

USDCAD TECHS

Pullback Considered Corrective

US TSYS SUMMARY

What a Short, Strange Trip It's Been

GLOBAL POLITICAL RISK

Pfizer, Moderna Jabs Retain High Trust; AZ, Sputnik Lower

AUDUSD TECHS

Trend Indicators Remain Bearish

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A weaker greenback dragged USD/SGD lower on Monday, the pair touched session lows of 1.3418 and closed at 1.3431; last down 3 pips at 1.3428. The rate has now dropped below the 23.6% retracement level at 1.3443 and bear will target the intersection of the 200-DMA and 38.2% retracement level at 1.3388.

  • There are no releases on the economic docket today, participants will look ahead to CPI data tomorrow. CPI hit the highest level since 2014 last month, though a low base effect and transitory factors were cited as drivers.
  • Fig.1: USD/SGD

Source: MNI/Bloomberg