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In the red across the majors

  • The Kiwi has overtaken the Aussie as the best performer in G10 against the USD, up 0.81%.
  • The Greenback is in the red across the majors, with risk tilted to the upside.
  • Some hope of China easing restrictions has underpinned risk overnight, but indices are more reactionary to Inflation outlook during European hours, with Estoxx futures gaining 26 points post German North Rhine CPI.
  • NZDUSD sees initial resistance is seen towards 0.6256.

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