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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

FOREX
FOREX: Sterling still enjoying transition deal ahead of data deluge
-GBP sits at the top of the G10 as yesterday's transition deal agreement
continues to buoy sentiment ahead of key CPI figures later this morning. GBP/USD
touched $1.4063, just shy of yesterday's best levels at $1.4088. Risk reversals
continue to climb, with 1m RR touching the best levels since early February,
further supporting the currency.
-NOK also outperforms as the country's beleaguered Justice Minister avoided the
early collapse of government by resigning from her position, dodging a vote of
no confidence later today. NOK/SEK now looks to test key resistance at the NOK
1.0630 level (61.8% Fib for the 1.1052-0.9948 move).
-NZD and AUD are among the poorest performers today with soft iron ore prices
being cited, alongside a weaker JPY (traders cited strong buying of EUR/JPY and
GBP/JPY overnight), but much focus remains on tomorrow's FOMC decision. The USD
trades broadly mixed with no fresh impetus for price action.
-Markets now focus on UK CPI at 0930GMT ahead of the German ZEW survey at
1000GMT.