There are no major expirations to consider today. Therefore, trading sentiment will continue to revolve around the bond market and its spillover effect on foreign exchange and risk. I will be alert to other developments in the coming session as the bond sell-off tends to hit in the US.
There is a sizeable expiration for GBP/USD at 1.2200 but it is hard to see this coming into play given the strength and stance of the dollar.
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