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Consolidation Mode But Remains Bearish


Fails To Hold Onto Thursday’s High


'Big Tech' Bill Goes To Senate


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