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The usual variables of U.S. trading have come into play on Tuesday; bonds, equities, futures, commodities, all dominate in the U.S. session and as a result forex values are pulled from pillar to post as major global markets wind down their trading day just as the largest commodity, bond and stock markets get going.

If Wall Street holds in the green we may see some price action that sells the Usd, but as we have seen once again today, the European session seems to be where the forex momentum is, TheLFB Trade Team said.