Comments from EU's Juncker during the.........>

FOREX: Comments from EU's Juncker during the European morning were viewed as

supporting the recent softer Brexit tone from EU's Barnier and helped to buoy

sterling, cable rallied to $1.3048, pulling EUR/USD up to $1.1605. However, the

USD was able to pare back these early losses as BBG source reports suggested

that the ECB will lower its growth outlook tomorrow. EUR/USD eased to $1.1572,

pressuring cable to $1.2980 into the NY open.

- The USD came under fresh pressure in NY hours, U.S. PPI missed exp., while WSJ

sources suggested that the U.S. is proposing fresh trade talks w/China, which

prompted further USD sales lifting EUR/USD to $1.1650 into the London fix. Cable

rallied to $1.3079 while commodity currencies were given an added boost,

especially CAD, as it was bolstered by comments from Mexico's Guajardo that

there is a high chance of a U.S.-Canada deal, although RTRS sources later noted

that the best possible outcome is a deal in principle next week.

- USD/CNH fell sharply on the WSJ report, registering a low of CNH6.8271.

- BOE, ECB & CBT MonPol decisions headline Thursday, with U.S. CPI, AU labour

market report & an address from Fed's Bostic also due.