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A sedate start to FX trade in Asia-Pacific....>

FOREX
FOREX: A sedate start to FX trade in Asia-Pacific dealing, focus to fall on
Japanese GDP & China trade data, with one eye on Friday's G7 summit and any
trade related comments.
- In the EM space Argentina has come to an agreement with the IMF, while the
Brazilian Central Bank Chief Goldfajn has stated that the BCB will intervene via
interest rates and the FX market if required. He also revealed that the central
bank will offer $20bln via FX swaps over the next week, and will consider doing
more if needed.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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