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Pare some losses

USD
  • Some reversals in the USD here, finding some buying versus the EUR, GBP, AUD, but crosses remains within the session's range.
  • Move is led by the EUR, after the currency pushed higher on ECB Lagarde and her comment on the EUR. putting pressure on the USD.
  • ECB Villeroy noted that a 50bps hike was NOT part of the ECB consensus, helping the EUR fade from its best levels.

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