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There is mild movement among major currencies to start the day, with the yen sitting a little higher amid some cautious tones since trading yesterday.
USD/JPY is back under its 100-hour moving average to rest around 105.20-25 but large expiries seen at 105.00 is likely to limit any major drop in the spot market for now.
Elsewhere, the aussie is staying a little pressured with AUD/USD creeping below its 100-day moving average. Keep below and that will give sellers added momentum for a chase towards the 0.7000 handle in the sessions ahead.
US futures are looking more tepid following the softer close yesterday, which saw a late comeback by Wall Street to end the day marginally lower.
There is still some element of caution in the market for now but from a technical perspective, the dollar is keeping in a decent spot towards the weekend. The gains so far aren't breaking any major levels for the most part so we'll see if and how broader sentiment can help to trigger a larger directional move in the sessions ahead.
Elsewhere, the pound will be a key spot to watch ahead of the weekend as we await Boris Johnson's response to the EU on whether to continue with negotiations.
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