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More Sizeable Clips Ease USD to New Daily Lows

USD
  • Greenback prints a fresh session low against both the EUR and AUD in recent trade, with more sizeable trading clips responsible for the latest break lower.
  • EUR/USD futures show a pickup in trading activity at 1228GMT/0728ET, with around 1,300 contracts changing hands (cash equivalent of just under $180mln) inside 60 seconds.
  • Focus turns to the ISM Manufacturing PMI data for February, with markets expecting a fourth consecutive month of the headline holding below 50.0.

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