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Broad-based dollar demand continues through...>

FOREX
FOREX: Broad-based dollar demand continues through the European close. USDJPY
extends the recovery towards Y111.00, a topside break brings the recent range
high & 200-dma into view at Y111.24/31.
- EURUSD witnessed a failed break of $1.14 with the downtrend extending to fresh
lows of $1.1363.
- Post WMR fix sales pressured GBPUSD toward $1.3300. The rate earlier touched
multi-month highs of $1.3350, with gains of 2.29% on the week.
- AUD & NZD retain a heavy feel and hold toward the base of their respective
ranges at $0.7130/0.6836.

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