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Monday, January 5, 2015

Slightly weaker $USD developing this week


The $USD dollar has lost a bit of momentum this week after such a strong breakout on the weaker EUR and GBP from last week. The JPY has bottomed out for now but just have a look at the 30 year bond. I keep saying, 'keep your eye on bonds, that is where we need to be looking. Have to see how the $USD looks by the end of the week after the NFP print.

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