massive outperformance from precious metals last week despite higher yields, along with oil and commodity gains underpinning NOK, AUD and NZD.
Our FX Scorecard shows momentum turning negative for CAD after poor jobs data last week could spark a dovish tone from BOC this week.
Forex COT to the week of April 2 saw dollar longs extending further on the back of selling in EUR and JPY while GBP longs were added again.

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Other recent Macro/FX articles:

8 Apr: Global Market Quick Take - Asia
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