Much happening on the markets now.
WTI has laready lost around 40 cents in the last hour or so. Similar one-way move is also seen on silver, copper, aluminium, nickel and gold.
Dax extended the loss to below 10115, but the pace of decline is now muted.
At the same time dollar is back with particularly strong gains now against the commodity currencies of Canada and Norway
SEK was also hit, but the expenditure data offered some support.
EURUSD moved down to 1.1380
One currency the dollar is helpless against right now is JPY, extending the gain vs USD to 0.61%
This reverses many of the strong moves from yesterday (especially on commodities)
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