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In the green against the majors

USD
  • The Dollar is king, up against all the majors, acting as a safer haven, and helped by higher Yield combined with the Risk Off tone.
  • The Kiwi is again the early worst performer, and has now lost circa 2.71% post the RNBZ rate decision.
  • Next support in NZDUSD will be seen at 0.6025.
  • EURSEK is still trading at levels last seen in 2009 and most market participants will now look at 11.55, for the next area of interest.
  • AUDUSD broke the 2023 low that was at 0.6565 yesterday, and next support here, will be at the 0.6500 figure.

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