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In the red against most majors

USD
  • NOK is the best performer against the USD in G10, up 0.50%, with the latter also in the green against all the majors.
  • Higher Oil, with WTI back at $111.34 is helping, as well as the broader USD weakness following the Risk On tone.
  • USDNOK sees next support at 9.7197, the very short term 50% retrace of the June rally.
  • The Dollar is in negative territory in the majors, besides the JPY and TWD.

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