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US factory orders came in a bit above expectations at
1.2%m/m, slowing from the previous 1.3%. Durable goods order also
surprised to the upside at 2.0%m/m vs. the expected 1.0%, accelerating
from the previous 1.8%. Overnight data releases managed to nudge the DXY
index a little higher, last seen around 101.60. However, the USD upmove
was perhaps capped by the return of Trump’s fixation on his travel ban
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