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From the desk: FX markets update

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Saxo Bank's FX option and spot desk traders give us a brief update on the markets as we head towards the Easter holidays.

The focus is still on USD with NFP data due to be released, despite thinner markets, on Good Friday.  

Volumes have been dropping in EURUSD, USDCAD is looking volatile with the Canadian dollar potentially vulnerable to a successful outcome of US talks with Iran.