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CNY Volumes Lead, Quieter Across G10

FOREX
  • CNY markets have been particularly active so far Wednesday, with futures volumes close to double their daily average halfway through the European session.
  • JPY markets are also busy in G10, with overnight volatility in USD/JPY helping spur trading activity.
  • A lack of data throughout US hours could keep markets quieter headed into the Fed minutes later today (1900BST/1400ET), at which markets will be watching for clues on the future of the Fed's balance sheet.


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