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USD/CAD seen within strike of 1.2650

  • USD/CAD pivots 1.2650 option expiry after violent 24 hours

  • Wednesday's post-FOMC low at 1.2449 to follow pre-FOMC 5year high of 1.2835

  • High water-mark at 1.2675 since 1.2449. Pair seen in 1.2507-1.2622 range in Asia

 

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