US dollar lurches lower

Across-the-board dollar selling

The US dollar is on the defensive today as a wave of GBP buying spreads after the UK said it won't walk away from Brexit talks. The dollar was strong bid yesterday and this is a quick unwind.

There's not an easily-spun narrative here. To me it's a strong indication that there are buyers on any backup in risk as the market gets increasingly comfortable with a blue wave.

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