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Asia Starts On Quiet Note, RBNZ Decision In Sight

FOREX

Price action across G10 FX space has been subdued so far, with broader news flow offering little of real note. USD struggles for any material momentum, with GBP, AUD & CAD also trading a touch softer. JPY & NOK sit atop the pile as we type. An early downtick in e-minis lent some brief support to the yen, but this has dissipated as U.S. equity-index futures have pared losses. All G10 pairs have held tight ranges.

  • Today's data-light calendar features RBNZ MonPol decision (due shortly), a speech from ECB's Lagarde and Riksbank's Financial Stability Report.

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