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Equities Bounce Post 20YR Auction Caps Greenback Ascent

USD
  • Despite the consistent grind higher for the USD index over the session, greenback gains have been capped since the US 20YR auction results, with equities seeing a firm bounce and the USD subsequently fading.
  • EURUSD has bounced 25 pips off the lows back to 1.0550 and the likes of USDMXN and USDZAR have seen a decent pullback after strengthening around 1.5% at session bests.

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