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Paring some gains

USD
  • The Dollar was back on the front foot in G10s overnight going into Friday's European session, the Aussie was the worst performer and was down 0.36%, its worst level in 8 sessions.
  • The early bid in Bund, seems to have boosted the Estoxx futures (VGU4) spiking to session high, albeit nothing too big and still short of Yesterday's printed high of 4974.00.
  • Nonetheless, Risk On tone, has helped the Aussie off the session low, with broader offers emerging in the Dollar, versus the EUR, GBP (supported by the UK final GDP), SEK, NOK, NZD, as well as testing intraday lows against KRW, CNH, PHP, ZAR, and SGD.

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