Daily Morning Call

From the Floor: 'It's all about the dollar' — #SaxoStrats

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The stunning decline of the US dollar against virtually all peers is boosting equities, inflating commodity prices, and placing enormous focus on key USD pairs like USDJPY.

   • Cable retreats from overnight highs above 1.43
   • Equities boosted by sharp USD decline
   • Oil rallies on 10th consecutive inventories draw