A round of comments from RBNZ Governor Orr....>

FOREX: A round of comments from RBNZ Governor Orr was enough to place the kiwi

atop the G10 pile. Mr Orr poured cold water on the potential for deploying

unconventional monetary policy tools and praised the impact of a larger than

standard OCR cut delivered by the RBNZ in August. He added that NZ is in a good

position to face challenges & seize opportunities in the present environment.

- DXY receded in the wake of yesterday's surge, which was reflected in USD

landing at the bottom of the G10 pile. With little in the way of potential

drivers on the news wires, the move can be seen as a corrective pullback.

- Risk-sensitive JPY & CHF on one hand and AUD & CAD on the other traded mixed,

as investors weighed revived hopes for progress in U.S.-China trade negotiations

against a well-documented array of persistent uncertainties elsewhere.

- U.S. tertiary Q2 GDP, pending home sales and wholesale inventories, as well as

Swedish economic tendency survey provide the highlights on today's data docket.

Central bank speakers' list includes BoJ Gov Kuroda, ECB Pres Draghi, BoE's

Cunliffe, as well as Fed's Kaplan, Bullard, Clarida, Daly, Kashkari and Barkin.