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Waiting on US Confidence Report
Trading remains subdued as the holiday season has fully entrenched the market psyche. With headline news absent and scheduled economic data 2nd tier at best, price action has lacked any directional conviction. What movement we did see, was a general movement toward risk-off fashion. FX flows were extremely light in Asian sessions, as the EURUSD traded up to 1.3077 from 1.3034, while USDJPY was... ...More...
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