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Broad base selling on the EU open

USD
  • USD was mostly in the red throughout the overnight session, with the Kiwi leading versus the Greenback after the expected delivered hike by the RNBZ, but helped by a more Hawkish meeting.
  • The NZDUSD printed highest level in a Month (since 20th Jan), but the pair is off its high.
  • Further upside traction, opens to 0.6793, followed by the more important 0.6805/0.6812 area.
  • USD is seeing some selling hitting versus the EUR, GBP, CAD, CNH, CNY, AUD, NOK and SEK, albeit all in a few pips,
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