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Remains under pressure

USD
  • Best early performer versus the USD is the SEK, with USDSEK testing lowest level since the 1st March, more a function of the USD's weakness, following the Risk On tone, and a continuation from the Asian session in Equities.
  • Next support area for the USDSEK is at the 28/02 low 9.4301.
  • USD is in the red against all G10, besides the JPY (trades flat), with the latter helped by the higher yields.

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