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NZD and AUD are the early leaders

USD
  • The Dollar leans in the red across the majors this morning, with the Kiwi and the Aussie up 0.30%, just off their best levels, with the Aussie helped by the employment data.
  • EURUSD stays in that 7 sessions range of 1.0686/1.0769, as market participants await the ECB.
  • As previously noted, given the lack of risk events and data, large options expiry may have played a role in keeping the pair within ranges, ahead of the ECB meeting.
  • Initial technical, resistance/support will be at that range.
  • Best performer against the Greenback, over a 5 day period is the CAD, up 1.05% buoyed by the latest Employment data last week.

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