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Unsurprising to see GBP the most traded....>

STERLING
STERLING: Unsurprising to see GBP the most traded currency at the NY crossover,
but RUB and NZD also posting decent volumes so far Wednesday:
https://emedia.marketnews.com/marketnewsintl/FXVolumes.png
The BoJo effect? Brexit uncertainty reflected well in GBP/USD options today -
cost of hedging contracts that capture Oct31 deadline now approaching highest
levels of the year and inverting the vol term structure further:
https://emedia.marketnews.com/marketnewsintl/GBPUSD_Vol_Structure.png
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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