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The USD ended firmer across the board,........>

FOREX: The USD ended firmer across the board, driven by U.S. Tsy yields.
- USD/JPY reversed its early losses and recovered back through Y111.00 to a high
of Y111.54.
- AUD remained bottom of the G10 pile. AUD/USD's bullish exhaustion ahead of
$0.7440 extended the corrective pullback through $0.7400 to $0.7372. AUD/JPY
added weight having moved below the 100-DMA to lows of Y82.14.
- NZD/USD struggled to gain traction, last $0.6790.
- BoE's Broadbent said that he doesn't know if he'll vote for an August rate
hike, GBP/USD dipped to reaction lows of $1.3083, but has reclaimed $1.3100.
- The firmer USD tone pressured EUR/USD to lows of $1.1684.
- TRY outperformed after the FinMin's weekend remarks, as he noted that he would
not fight with markets and that he will hold regular meetings with economists.
- Flash EZ & U.S. PMIs headline on Tuesday.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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