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USD firms across the board - Prevailing USD...>

FOREX
FOREX: USD firms across the board
- Prevailing USD strength was the underlying theme through Europe. DXY flirts
with the 21-dma and looks to challenge the double-top resistance area at
95.70/75. The US10y traded above 2.90% for the first time in three weeks, while
gold extended its declines under $1191.
- GBPUSD's failed recovery above $1.2850 and subsequent reversal encountered
support ahead of the $1.2800 level. Strong Services PMI squeezed to $1.2825,
before fading to keep the downside trend intact.
- Soft EZ Services PMI readings amid a broadly stronger dollar pressured EURUSD
to $1.1543. Decent support is reported through $1.1530/20.
- USDJPY consolidated gains to settle either side of Y111.50, targeting a break
of the Aug29 high at Y111.83.
- EM's again struggled amid the firmer USD with ZAR bottom of the pile (-1.30%).
- Despite strong AU GDP, AUDUSD witnessed a sharp reversal back under $0.7200 to
fresh multi-year lows of $0.7145. NZDUSD pressured on the move touched 0.6530.
 - Focus turns to Canada's policy decision (unch widely exp) and trade data.

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