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USDCAD TECHS

Lower And Through Support

US TSYS SUMMARY

Risk Appetite Resumes

AUDUSD TECHS

In A Range

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  • Both the EUR and Bund futures were initially volatile in response to the ECB decision, with the policy statement possibly being less forceful on guidance than markets had expected (ergo, a less dovish-than-expected decision).
  • EUR/USD initially rallied to touch 1.1813 before fading quickly, while Bund futures fell to 175.24 before erasing the move lower entirely.
  • Focus now turns to the ECB press conference at 1330BST/0830ET.