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Broad base selling, post Powell

USD
  • Largest move are in the USD, with desk taking Powell on the more Dovish side.
  • He mentioned that Inflationary rises has already subsided.
  • A more limited impact in Govies, albeit trading at the top end of the range.
  • MNI tech EURUSD resistance comes at 1.1805 High Aug 13 and key short-term resistance

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