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Round of buying

USD

Round of USD buying emerging, EUR dips a few pips, while Cable gives back all of UK retail sales gains.

  • Similar small moves versus AUD, INR, PHP.
  • Some downside continuation in AUD and NZD on the back of lower Commodities.
  • Treasuries and Bund goes bid, with contract at the top end of the tight ranges. (14 ticks for Bund, 2.5 ticks in TY)

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