Earlier US Dollar strength is being swept away as we head into the NY session. Whilst we are still a long way below the Thursday NY close, a s strong recover is underway in EUR/USD and AUD/USD. EUR/USD is back ito the 1.3870 whilst AUD has made in back into the 0.9740s. Another 20 or so pips and we will be running into the weak topside stops as the market continues to chase its tail. Roll on Fed meeting.
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