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In the red against all the majors

USD
  • FX remains subdued since the cash Govie open.
  • The best performer is still the AUD, although the AUDUSD cross still trade close to the lowest level since June 2020.
  • The pair has found a base at the June low that was 0.6764 (1st July low), but did print a 0.6762 low on Tuesday and Yesterday, becoming a good support area.
  • USD is in the red against all the majors, besides the Yen, that trades flat.
  • AUDUSD is now at 0.6814.

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