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FOREX: The dollar remained little unchanged through the European morning
session, remaining under pressure across the board. The arrival of NY was muted
to start be fore a fresh wave of dollar sales across the board. This move was
led by surging gold prices.
-Aussie: Persistent demand via the crosses squeeze to $0.7643 just ahead of NY.
As NY entered the fray the rate squeezed to fresh highs of $0.7645 before fading
- The Aussie comes under pressure via aud/jpy as the market starts to see risk
off sentiment, following concerns over a NK missile test. The pair dropped back
-Yen: A sharp drop in the pair as reports came out that "Japan gets a signal
that's seen N.Korea missile launch prep". The pair dropped from Y111.15 to fresh
session lows of Y110.84.
- Hawkish comments by the FED's Kaplin witnessed the dollar jump back towards