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Equities fade

CROSS ASSET
  • With Equities fading a few points, nothing fast, USD is finding an underlying bid, now pushing AUDUSD to its intraday low, Cable and EURUSD also hover near their lows, although still well short of the levels they were trading post European PMIs.
  • Small support in AUDUSD moves up to 0.6449.
  • Cash Estoxx (SX5E), would need a test to 4266.67 to close its opening gap, now trading at 4291.75.

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