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Macron's victory in the first round of the French presidential contest lifted the euro, which is resilient to the broader greenback gains scored on the back of the continued rise in yields.
The euro initially gapped higher in Asia as the French election news spurred a quick short-covering rally that lifted the single currency to almost $1.0955.
The Reserve Bank of New Zealand will likely hike rates a few hours before the Bank of Canada does on Wednesday.