Equities have flip-flopped this morning, giving up the new normal opening-squeeze higher gains as USDJPY fades. Bonds are rallying. But it is the USD Index that is the most notable this morning as it tumbles back towards 2-month lows in a hurry… This is the biggest 2-day plunge in 3 months.
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Pushing the USD to 2-month lows…
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Charts: Bloomberg
