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USDCAD TECHS

Consolidation Mode But Remains Bearish

AUDUSD TECHS

Fails To Hold Onto Thursday’s High

US

'Big Tech' Bill Goes To Senate

COMMODITIES

Oil Up For Fifth Week On Supply Disruption, Geopolitics

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  • Most notable move this morning is in the SEK, after seeing decent move lower for the SEK after 06.00GMT.
  • USDSEK, rallied 7 big figures instantly, the pair is now extending by another big figure.
  • Key upside target is at the November high 9.1835, which was also the highest print since 14/07/20, where market participants have favoured fading at these levels.
  • SEK is down against all majors, leading versus the Taiwanese Dollar and USD, down 0.93% and 0.78% respectively