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the pre-holiday theme continued through the...>

FOREX
FOREX: the pre-holiday theme continued through the European morning and into the
NA session. The only excitement was in Aussie/dollar which broke the 200-DMA at
$0.7694, stops were triggered on the break of $0.7700 printing a session high of
$0.7707.
- Euro/dollar remained in consolidation mode through-out the NY session with the
rate bouncing between $1.1850-80. The rate did receive a lift at the 4PM WMR
spiking to $1.1878 before fading back towards $1.1860.
- Dollar-yen remained in a tight range, the pair was led by US Tsys Yields and
order driven moves. For the majority of the session the rate bounced between
Y113.40-55.
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