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Greenback Fading Into the Fix

USD
  • Greenback edging lower headed into the WMR fix in just over 5 minutes time - no immediately apparent newsflow or headlines to trigger the move here (EUR favoured on the move, with EUR/GBP also inching higher).
  • Volumes across currency futures picking up on the move, with the best activity of the session so far going through in the EUR futures contract. Just under $1bln notional has traded in the contract over the past five minutes or so - helping EUR/USD narrow the gap (again) with parity.

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