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On Friday the dollar fell broadly in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following losses tied to fears about a Brexit deal.
Read MoreDollar falls as Fed officials ring note of caution, pound bounces
HAVE QUERY—09999974733 SELLER BE ALERT
On a number of currency pairs, the dollar’s technical condition warns of risk of a near-term setback. US 10-year yields and Treasuries are also stretched and a near-term reversal is possible. Interesting play given these conditions may be to buy into losses in Aussie that could result from the reopening of Chinese markets after the week holiday.
Read MoreBeware: Dollar’s Technical Condition is Stretched, Look Out for Reversals