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*CORRECT* Corrected information re:...........>

FOREX
FOREX: *CORRECT* Corrected information re: Japanese trade balance
Broader risk appetite revived during the last couple of hours after a lacklustre
first half of the session. JPY underperformed its G10 peers as a result, with
the Nikkei 225 moving ~0.7% higher. Little immediate reaction was noted upon the
release of the latest Japanese trade data, which revealed that both Japanese
exports and imports fell in February, while trade balance increased (flipping to
a surplus), albeit slightly less than expected.
- Positive risk sentiment put a bid into the Antipodeans, with AUD leading gains
in the G10 FX space. The Aussie might have drawn a modest degree of support from
an uptick in Dalian iron ore.
- GBP slipped a handful of pips vs. most G10 currencies, amidst Brexit
uncertainty.
- USD was also relatively weak, with DXY falling 11 pips overnight.
- Japanese industrial output (f) comes out at the bottom of the hour. Elsewhere,
focus on a very quiet Monday turns to EZ trade balance, while the central bank
speakers' slate is empty.

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