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-CAD rallied sharply against all other G10....>

FOREX: -CAD rallied sharply against all other G10 FX, topping the table for a
second consecutive session, following the affirmation of a trade deal between
the US, Mexico and Canada. USD/CAD broke comfortably below the 200-dma and looks
on track for the first close below this level since April. USD/CAD bears now eye
the mid-April lows of C$1.2528 for a longer-term target.
-For the most part, FX had a relatively inside session, although EUR
underperformed on further Italian budget woes as markets anticipate a less-than
enthusiastic response from Brussels on the still-young government's deficit
plans. Italian assets sold off after early gains, pressing EUR/USD back below
-GBP was briefly supported by a Bloomberg report indicating that the UK were
ready to concede on customs checks between Northern Ireland and the UK in order
to cement an exit deal, but the effect was short-lived.
-Focus turns to the RBA rate decision and speeches from BoE's Haldane & Haskel,
Fed's Powell, Quarles and Kaplan.

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