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CROSS ASSET: Greenback Slips as Weekly Claims, Price Indices Come in Weaker

CROSS ASSET
EquitiesBulletFixed Income BulletsForeign Exchange Bullets
  • Greenback modestly - and briefly - offered on the back of the data, with claims a touch higher and price indices a touch lower than expected. EUR/USD briefly prints 1.0823 and a new daily high - before stalling and reversing around half the gains. Spot remains in very close proximity to 1.0825 expiry - at which $1.5bln is set to roll off. 
  • US 2y yield hit a new pullback low (inline with yesterday's lows) to provide support for a brief ~8 point spike in the e-mini S&P. 
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  • Greenback modestly - and briefly - offered on the back of the data, with claims a touch higher and price indices a touch lower than expected. EUR/USD briefly prints 1.0823 and a new daily high - before stalling and reversing around half the gains. Spot remains in very close proximity to 1.0825 expiry - at which $1.5bln is set to roll off. 
  • US 2y yield hit a new pullback low (inline with yesterday's lows) to provide support for a brief ~8 point spike in the e-mini S&P.