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USD On The Backfoot

FOREX

Broad USD weakness kicks in, although the move is still relatively limited in the grand scheme of things.

  • We covered the JPY flow earlier, which was built on into the Tokyo fix, but the move is broader now, with the USD sitting at the bottom of the G10 table. The greenback is also a touch softer vs. major EMFX, excluding TRY. Little in the way of overt headlines, suggesting the move is flow driven/a continuation of the recent trend.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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