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In the red across majors

USD
  • USD stays in the red against G10s (just an unwind), and also across major crosses.
  • Best early performer is the SEK, after this morning's Inflation beat (up 0.60%), while in Asia, the SGD is up 0.72%.
  • The USD is taking its cue from the underpinned risk, but looking at the Estoxx, the contract trades in a ~100 points range (3684.00/3797.00), since last Thursday, and Emini in a 4375.5/4519.75 range.
  • EURUSD is in turn back towards 1.0900, now at 1.0920 on positioning ahead of the ECB.
  • USDSEK sees support at the 9.3802 (this week's low).

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