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Turnaround in the USD

CROSS ASSET
  • Equities are drifting through session lows in Futures, but no new headlines.
  • Likely some short term squaring into the overnight bid.
  • This provides a turnaround for the Dollar.
  • The currency was in the red against all G10s, but is now in the green against the SEK, NOK, and the EUR.
  • DXY edges towards session high.
  • All attention will be on Lagarde and Biden at 14.00GMT

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