After trading broadly flat into the final.....>

FOREX: After trading broadly flat into the final hours of US trade, a WSJ

think-piece stating the Fed chair Powell could introduce more regular

post-decision press conferences was enough to inject some life into markets and

lift the greenback to the day's best levels ahead of the close. Outside of the

late move in the USD, price action was muted on Tuesday ahead of key central

bank meetings from the Fed, ECB and BoJ later this week.

- Broadly weaker commodity markets pressed CAD, AUD and NZD lower, while

positive sentiment filtering through from Trump's meeting with Kim Jong Un

dented the JPY, with USDJPY closing above its 200 DMA for the first time since

mid-May.

- Despite weaker wage numbers in the UK, GBP was granted some relief as PM May

saw off a challenge in the Commons by offering as-yet-unclear concessions to

rebel ministers in her own party. EURGBP was capped by the 200-DMA for the third

time in four sessions.

- The FOMC MonPol decision, UK CPI, US PPI & a speech from RBA Gov. Lowe

headline on Wednesday.