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Festive Season Lull

FOREX

Volatility across G10 FX space was particularly limited as latest headline flow provided little of real note, leaving participants to assess most recent updates on the global Omicron situation.

  • The DXY held yesterday's range. The dollar index holds below neutral levels as we are heading for the London session.
  • Activity is set to remain subdued into the year-end. The global data docket is fairly empty today, with little beyond U.S. wholesale inventories due for release.

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