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USD unwinds overnight bids

CROSS ASSET
  • USD unwinds some of its overnight bid, after being mostly in the green G10, now edging towards flat against CHF, GBP, SEK, AUD, EUR, NOK and CAD.
  • Bund has already traded in a 87 ticks range, on 30k lots since the cash open (taking away the 7k traded pre cash open).
  • Small support in Bund moves up to 150.45, but very choppy start for the contract with 15 ticks swings.

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