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Extending gains on the European Govie open

USD
  • Equities are starting to dip lower, keeping the USD underpinned and up against all G10s.
  • The Aussie and Kiwi remains the worst performers, as China is set to adhere to its current Covid controls.
  • This is keeping the Risk Off tone and lower Oil.
  • Metals aren't faring better and offered as we start the European session.
  • USD is at session high against JPY, CNY, CNH, IDR, NOK, GBP.

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