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As the announcement of the Fed's monetary.....>

FOREX
FOREX: As the announcement of the Fed's monetary policy decision looms large,
G10 FX are happy to hold relatively tight ranges with the space struggling for a
clear direction. Little to rock the boat seen on the wires overnight. AUD showed
some weakness, which was linked to earlier reports surrounding heightened
Sino-Australian tensions. The currency has recovered since, alongside its
commodity-tied peers.
- USD/yuan slipped owing to a softer greenback, even as Chinese data missed
expectations. The above-forecast slowdown in CPI inflation was coupled with a
larger than projected deepening in factory-gate deflation.
- USD/KRW inched higher as South Korea's unemployment climbed more than exp.,
but the spot then slid into negative territory, breaking below its 200-DMA.
- U.S. & Norwegian CPIs and French industrial output take focus on the data
front today. Apart from Fed's Powell, central bank speaker slate features ECB's
Muller, Kazimir, Schnabel, de Guindos and Knot, as well as Riksbank's Ingves.

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