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USD/FX consolidated overnight, with most USD/Asia FX still
near recent lows. GBP was the outlier, jumping above 1.23-handle on BoE
surprise. EUR was supported after Netherlands General Election saw no
negative surprise (incumbent PM Rutte secured 33 seats while Far Right
party leader lost momentum with only 20 seats). Commodity prices
including gold, base metals, and iron ore remain well supported. Day
ahead, we expect USD to remain broadly softer. EM higher yielders such as
IDR, INR could..
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