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Dollar Weakening in London Close

USD
  • The greenback continues to moderate into the London close, with the USD printing session lows against EUR, GBP and CAD. USD weakness possibly fix-related, with relatively decent volumes crossing across currency futures into the 1600BST WMR fix.
  • Move not reflected across other asset classes, with US 10y yields inside a range while equities hold close to the better levels of the session after the e-mini S&P hit a new alltime high shortly after the opening bell.

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