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Despite firmer US rate yields, the dollar.....>

FOREX
FOREX: Despite firmer US rate yields, the dollar continued to weaken modestly in
quiet Asia markets. Commodity currencies outperformed, Aussie-dollar rose from
$0.7765 to $0.7784. Dollar-Canada dropped from C$1.2661 to C$1.2635. Kiwi-dollar
trekked higher from $0.7054 to $0.7081. Euro-dollar ticked up from $1.1888 to
$1.1911. Meanwhile, dollar-yen currently trades at Y113.16 and cable at $1.3420,
after trading in respective ranges of Y113.14 to Y113.35 and $1.3395 to $1.3422.
The European session is again devoid of any significant data or central bank
speakers, the next risk hurdle is seen in US markets, with the release of
Initial Jobless claims and Chicago PMI.

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