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Extending gains


USD grinds higher on the risk off move, dragging Treasuries lower, higher yields.

  • The greenback is outperforming against all G10s and EMs, albeit within ranges of late.
  • The currency extends versus EUR, GBP, JPY, CAD, CHF, SEK, NOK, CZK and IDR.
  • US 5/30s target the March high at 153.457
  • Initial MNI tech support in EURUSD is seen at 1.1916 Low Mar 11

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