April 23, 2024 13:51 GMT
USD Slips to New Lows as PMI Disappoints
USD
- Greenback slips to new lows on the back of that PMI release - with the step lower in the US 10y yield reflecting the poorer-than-expected data.
- EUR/USD's rally puts the pair at 1.0704, and drags USD/CNH off session highs. EUR/USD now back below the handle, but remains firmly positive on the day.
- Spot now trades just shy of ~E300mln options notional rolling off at 1.0690-00 at the NY cut in just under 10 minutes.
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