Mild profit taking on Dollar longs

Next 24 hours: Mild profit taking on Dollar longs

Most of the price action into the North American open is about some position squaring from shorter-term accounts. The US Dollar has run hard and fast over the past several sessions, and with plenty of US data ahead, these traders don’t want to get caught as victims to any sharp reversals.

Global FX Insights Next 24 hours   LMAX Exchange  

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