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A consolidative tone continues across the capital markets. Equities have lost their momentum.
The dollar is in narrow ranges, mostly a bit softer, led by the Antipodeans and British pound, which has been resilient in recent days.
The liquid accessible emerging market currencies, like the Russian rouble, Turkish lira, South African rand, and Mexican peso are heavy, and the JPMorgan Emerging Market Currency Index is off for the third consecutive session and for the seventh session in the past eight.