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Dollar, EURUSD, AUDUSD, Nasdaq Talking Points:
• The long holiday weekend for the US didn’t seem to settle nerves following last week’s surge in volatility with selling pressure intensifying and spreading
• While the S&P 500’s drop below 3,400 looks like a key break, it is not as clear where the tipping point for the Nasdaq, EEM and other risk benchmarks may be
• Though a traditional safe haven, the Dollar’s edge higher doesn’t register full risk aversion – nor does Gold, but Yen crosses are conforming
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