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- Gap lower in the BBDXY following US CPI data
- High-beta FX gaining vs the $ in the aftermath
- Interestingly, TRY holding back a bit more than ZAR & RUB following CPI with positioning slightly lighter due to Erdogan's speech this evening and the CBRT tomorrow
- USD/ZAR hovering around the 200dma following US CPI
- SAGBs have pared early weakness and are approaching positive territory for the day