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In the red against most G10s

USD
  • The Dollar remains on the back foot going into the European session, a continuation after it pared some of its gains on the lower US PPI revisions.
  • The Kiwi leads, up 0.30% and now eye 0.6083, the April high.
  • AUD is the second best performer in G10 against the Greenback, to trade at its level since March, ahead of the next resistance of 0.6668, the March high and the highest level since January.
  • EURUSD trades at its highest level since 10th April (FOMC day), albeit off its high, as Market Participants await on the EU Prelim GDP.
  • For the Yen, EURJPY has found some resistance at Friday's 26th April late printed high of 169.39, printed a 169.40 high overnight.

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