Another subdued NY session for the FX.........>

FOREX: Another subdued NY session for the FX market, as traders wait for the

release of the RBA tonight, ECB on Thursday and President Trumps announcement of

the next FED chair. 

Aussie continued to be led by XAU and US Tsys yields with the rate drifting to

session lows of $0.7771 and continuing to hover close to the lows for the

majority of the NY session, as the market awaits the release of the RBA.

The Yen continued to lose ground to the eur and usd, as investors moved out of

yen and into dollars. The pair printed an intraday high of Y114.02.

Euro remained in consolidation mode for the majority of the session and was

mainly led by eur/yen demand. The pair printed an intraday high of $1.1777

before slipping back towards $1.1760 into the close. Platforms reported minimal

volume or flow as the market waits the release of ECB on Thursday.