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Greenback Weakness Expressed Via New Lows vs. CAD, EUR, GBP And Others

USD
  • USD/CAD reverses through the overnight lows as the recovery in WTI, Brent crude futures and the return to USD sales through the cash equity open weigh on the pair. USD/CAD continues to chew through last week's strength, with C$1.3600 the next support (Mar07 low).
  • Dollar weakness similarly expressed via new lows against GBP, CNH and others. EUR/USD's new highs now coincide with larger strikes rolling off post-CPI tomorrow at $1.0695-00(E724mln) and $1.0740-50(E1.5bln)

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