– EUR/GBP seeing rising volume in the rally and declining volume in recent consolidation is ultimately supportive of further gains.
– AUD/USD breaks below 1.0345 on strong volume and ranks amongst the highest volume currency pairs above its 1 week average.
– Overall, FX volumes declined yesterday as several ongoing FX trends of January took a breather.
– Amongst EM, EUR/CZK posted a Key Bearish Reversal Day on the strongest volume of the year.
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Barclays Capital