1. The US dollar is mostly within yesterday's ranges against the major currencies. There are a couple of notable exceptions. The dollar has traded above JPY100 for the first time since July 24. It is consolidating just below there prior to the start of the North American session. As we have noted, there is a strong correlation of returns between the Swiss franc and yen. The dollar has also traded above CHF0.94 for the first time since July 22. There was little market reaction to news that Germ…
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