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DOLLAR: Early NY crossover sees the USD bid. Most evident in USD/CAD and GBP/USD
so far, the USD bidtone will be following equity markets closely after a
relatively quiet morning in which the greenback has been a follower, not a
leader. GBP/USD now well below pre-BoE levels and is not looking to make a test
on yesterday's lows at $1.3846 and USD/CAD now at the year's best levels.