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A quiet, consolidation inspired session.......>

FOREX
FOREX: A quiet, consolidation inspired session moved across from Asia into
Europe with rate generally holding around Tuesday's NY close.
- JPY continued to marginally outperform its peers from the G10 basket amid
second thoughts on Sino-U.S. trade matters. USD/JPY held around Y109.00,
surviving a very brief dip below.
- EUR/USD managed to extend its recovery off its Tuesday low of $1.1064, edging
its way to $1.1093 with help from better than forecast Germany Factory Orders,
with some improvement in EZ Svcs/Composite PMI's.
- Earlier, downbeat NZ Q3 jobs report clipped the kiwi's wings just ahead of
Tuesday's close. A bit of NZD strength seen at the start to the Asia-Pac session
represented a slight corrective pullback, but the currency shed those gains.
- The yuan gained traction after the PBoC set its central USD/CNY mid-point
below estimates. USD/CNH dropped below the key CNH7.0000 level and failed to
recoup the round figure thereafter, despite testing it to the topside.
- Fed's Williams, Evans and Harker are set to speak. Those watching
commodity-tied FX may be interested in the weekly DoE report.

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