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Rallies keep the pressure on the USD

EQUITIES
  • ESZ2 and VGU2 are still pushing higher, as desks position for a CPI miss.
  • USD on the follow sits at the lower part of the ranges.
  • Much more subdued price action in Rates and Govies, and although Tnote is still at the intraday high, it lacks traction.
  • Next resistance in VGU2 is at 3705.00 High Aug 26 and key near-term resistance.
  • While Emini is still at 4175.47 61.8% retracement of the Aug 16 - Sep 7 bear leg.

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