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Reverses some of the overnight weakness

USD
  • Some turnaround for the USD, paring some of the overnight weakness.
  • Equities are on the back foot and under constant pressure, after the short knee jerk bounce on the Russian headline, Estoxx, and Emini are back to intraday low, which start to spillovers into some USD buying.
  • USD is at session high against SEK, EUR, CAD, and finding a bid versus AUD, GBP, NOK, CHF, CNY, CNH.

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