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In positive territory

USD
  • USD is on the front foot, now up 1.58% versus the NOK, albeit off the high vs the latter.
  • USDCAD continues to consolidate, as market participants fade yesterday's move, after USDCAD tested lowest level since November.
  • Resistance for USDCAD is seen further out, towards 1.2593 (28/03 high)

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