DXY Dropped to 106.224 But Without Compromising Upward Sloping Trend Channel

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<p>Markets Another abrupt and sharp sell-off in core bonds initially hurled yields in the US almost 10 bps higher yesterday. The long end underperformed. This happened despite economic data, excluding weekly jobless claims, coming in on the weak side of expectations. Things shifted when US traders were fully warmed up. They couldn’t resist and swooped [&#8230;]</p>
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