Daily Morning Call
From the Floor: USDJPY breaks below 110 as bonds recover — #SaxoStrats
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The US dollar continues to sell off against its major peers with USDJPY breaking south of 110 after dropping through major resistance at 110.15-20. The move comes as US bond yields retreat from last Friday's three-year highs.
• Global yields ease lower, yen continues its surge
• Global yields ease lower, yen continues its surge
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• Oil traders seeking downside protection through options
• Gold bid despite wobbles seen in silver and copper
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