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The dollar has been sold lower in Asian.......>

FOREX
FOREX: The dollar has been sold lower in Asian trading alongside a drop in US
equity futures as a 'sell US' theme has emerged. The DXYs correlation with US
stock futures has been even higher than its correlation with bond yields, which
may suggest that the weakness will be temporary and end as old correlations
resume.
- EUR trades at fresh weekly high of 1.1566, which has helped EURJPY recover
Tuesday's lows and the 55-dma even as USDJPY has edged lower. USDJPY has pushed
back above 112 though suggesting risk appetite is stable for now. 
- AUD has bounced but the bounce looks to be running out of steam around 0.7075,
keeping the focus on the downside. The NZD's recovery has been slightly larger
but yesterday's highs remain intact.
- USDCNH has broken above short-term trendline resistance and above the 6.94
level. PBOC's Yi and US Fed's Williams met today as the depreciatory pressure on
the yuan is becoming increasingly political.

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