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Kneejerk Reaction Lower For Greenback Following Minutes Release

USD
  • Kneejerk reaction lower for the greenback with markets potentially leaning towards a marginally hawkish outcome in the minutes and the dollar disappointingly unwinds some gains.
  • EURUSD back to 1.0195 briefly amid the pop in equities but paring gains as of writing with the days high at 1.0199 capping the topside for now.
  • Similar price action for USDJPY that sees nearly 50 pip drop to 13494 before bouncing back above the 135 handle.

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