In what has been a slow past 24 hours for news, the outstanding feature of financial markets has been further gains for the US Dollar, now sitting at its strongest level of 2019 in DXY terms albeit still comfortably inside the range that has held since mid-2018. This is largely by default, USD again looking like the cleanest dirty shirt in the laundry. Elsewhere equities have ended the day narrowly mixed, while US Treasury yields are higher by between 2 and 3bps.
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