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Over-Arching USD Weakness Buoys Energy, Metals

US TSYS/SUPPLY

Preview $62B 7Y Note Auction

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  • Not too clear on this latest quick small drop in Cable.
  • The currency saw better selling interest following the BoE yesterday.
  • The Pound is seeing broader base selling, now versus JPY and also the EUR.
  • Cable eye yesterday's low at 1.3891 initially.