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Dollar sits mostly firmer to start the day ...Middle East
It is only the Australian dollar that is sitting higher than the US dollar in trading so far today. Traders adopted a more risk-on approach early on but we have seen equities pare most of that gains in European morning trade as flows are slowly trickling back in to start the new year.USD/JPY is up 0.5% to 141.60 while USD/CHF is up 0.7% to 0.8473 currently. The former is still shying away from a test of the 140.00 mark while the latter looks to be holding above the 0.8400 level after attempted breaks below that in thin trading last week.Meanwhile, EUR/USD is down 0.3% to retest the 1.1000 level while GBP/USD is down 0.2% to 1.2700 after some back and forth action with the high earlier touchi
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