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DXY: FX markets quiet as USD volatility hits yearly lows – ING

DXY: FX markets quiet as USD volatility hits yearly lows – ING

US Dollar (USD) weakness is expected to continue into year-end, supported by seasonal flows and stable Treasury markets. Commodity currencies are performing well, while EUR/USD and USD/JPY target 1.18 and 152, respectively, amid subdued FX volatility, ING’s FX analyst Chris Turner notes…

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