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Greenback Marginally Pressured

FOREX

The USD has trimmed some of yesterdays gains in early Asian trade, the move has been alongside a marginal downtick in US Tsy Yields. There has been little macro newsflow and the cross asset space is muted.

  • Only CHF is outperforming the Antipodeans, AUD and NZD are both up ~0.2%. However we remain well within recent ranges.
  • Yen is lagging in the space, however ranges in USD/JPY remain extremely narrow.

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