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USD is still on the back foot,.....>

EMERGING MARKETS
EMERGING MARKETS: USD is still on the back foot, which has been the trend this
week. The better risk on has benefitted dome EM currencies, but there's still
plenty of concerns for the Turkish Lira. 
Posted out all week at the TRYZAR cross and particularly the decent support are
at the 50d MA, today situated at 2.6438, and we are now trading very to close it
at 2.6455 (Prices are BGN)

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