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It was a rather mixed week with sentiments flipped flopped a few times. Dollar weakened against most major currencies in general but remained in familiar range. Markets are still undecided on which way to push the greenback further. Euro staged a strong rebound against Swissy, thanks to another round of SNB intervention and also managed to gain some ground against higher yielders but there was also lack of follow through buying in general. Nevertheless, traders will be prepared for a breakout this week considering the list of important events including Non Farm Payroll, ISM, ECB and Japanese Tankan.

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