Source: Thomson Reuters

  • Slightly worse than forecast weekly claims but the buck bounced anyway
  • USD/CAD paid at 1.2250 after knee-jerk 16 given
  • Talk of leveraged names buying USD vs majors aids lift
  • 2-Year hardly budged, 10-Year yields +2-3 bp vs the lows
  • Also talk of a big sellers US Treasuries across the curve
  • WTI taking a bounce, attracting algo sales  

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