– Overall volumes on Tuesday were maintained above average levels for the year, with focus on the day shifting toward AUD and NZD.
– EUR/CHF activity has been higher on up days and lower on down days, signalling investor preference to buy near the 1.2120 range lows.
– Upside range breaks in AUD/USD and NZD/USD were accompanied by an increase in volumes.
– The first down day in USD/JPY since last Wednesday saw a decrease in activity. Investors are showing less interest to sell than to buy.
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Barclays