Dollar continues to recover against most currencies as markets are preparing for key event risk of NFP on Friday. Meanwhile, despite strong rally in global and US stock markets, the Japanese yen also recovers mildly against dollar and in crosses. UK construction PMI, Eurozone PPI and unemployment as well as US pending home sales will be featured today. But markets seems to have passed a climax in near term and further choppy trading will likely be seen, at least before ECB and BoE rate decision on Thursday.
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