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*Corrects comments on JPY* Market holidays....>

FOREX
FOREX: *Corrects comments on JPY* Market holidays in mainland China, Hong Kong
and Taiwan kept activity subdued, while regional news and data flow was rather
sparse. Fort he most part, G10 FX were happy to hold right ranges. NZD topped
the pile, while its Antipodean cousin was limited by a spike of Covid-19
infections in the state of Victoria and the largest plunge in job vacancies on
record. As a result, AUD/NZD retreated under the NZ$1.0700 mark.
- USD fared well after a strong showing yesterday, while JPY struggled. The yen
dipped as BBG ran a headline from Softbank's Masayoshi Son re: agreement with
Deutsche Telekom not to sell any more T-Mobile U.S. shares for 4 years.
- Familiar coronavirus worry dented KRW, which led losses in Asia. SGD was the
best performer in the region, perhaps drawing some support from the recent
bearish 50-/100-DMA cross in USD/SGD.
- U.S. GDP (t), durable goods orders (p) and initial jobless claims take focus
from here. Central bank speaker slate features ECB's Schnabel, Mersch & Knot,
Fed's Kaplan & Bostic, and BoE's Haldane. ECB's Jun MonPol meeting minutes, as
well as monetary policy decisions from the BSP, Banxico & CBRT are due.

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