US dollar takes big bid ahead of London correction


The US dollar took a big bid towards the top of the hour.

Catalyst flows are fixed by the end of the month. The London correction continues and there are clearly some dollar purchases to be made.

EUR/USD is down about 20 pips to 1.0861 to daily lows. Streams on cable are also large, dropping from 1.2375 to 1.2349.

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