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The dollar has drifted stronger today with....>

FOREX
FOREX: The dollar has drifted stronger today with EURUSD giving back early gains
to trade at Friday's close even as USDCNH has given back early RRR-led gains.
The strong inverse correlation seen between EURUSD and UDCNH in recent weeks has
broken down. 
- The continued weakness in USTs appears to be supporting the greenback in line
with trends seen over the past two weeks,  as rising US nominal and real yields
keep the dollar on the front foot. 
- While the pound has also seen some weakness in Asian trading, it remains an
outlier among G10 FX with Friday's close above the 100-dma. 
- Aussie and Kiwi are struggling to bounce off their cycle lows, with NZD
posting a marginal lower low today to trade below Friday's low. 
- USDJPY remains shy of the 114 level despite edging higher today to trade at
113.87.
- EURJY will be a key cross to watch this week as a break below its 200-dma
could trigger fresh declines in yen crosses. A break back above 114 for USDJPY
on the other hand could trigger broad-based risk-on sentiment in yen crosses. 

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