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The broader based USD tone pressures GBP &....>

FOREX
FOREX: The broader based USD tone pressures GBP & EUR to new lows. GBPUSD
touches $1.3417 as the seasonal trend of 8 straight losses in May continues to
play out, the rate is currently showing losses of 2.5%. EURUSD prints 5 month
lows of $1.1732, next support at $1.1728 (1.0% envelope 10-dma). EM's feel added
weight on the day, in particular TRY (-1.23%), ZAR (-0.84%) and KRW (-0.72%).

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