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DOLLAR: Greenback's lurch higher in recent trade leaving many scratching their
heads on both sides of the pond. The move puts the USD index on track to test
some key resistance levels printed in mid-December 2018 which marked the
strongest USD since H1 2017. The moves are most noticeable vs. the EUR and GBP
at present, but no headlines to prompt such weakness in either currency. US
yield curve barely budging alongside recent move in USD also, with attention
turning to US new home sales for March due in 45 minutes' time.
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