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US EURODLR OPTIONS

Late Call Buyer

USDJPY TECHS

Approaching Resistance

US TSY OPTIONS

Late Vol Sale

US

Will The Deflationary Forces Win Again?

EURGBP TECHS

Stalls Ahead Of Key Resistance

FOREX
FOREX: Despite paring some of the losses registered in reaction to the downbeat
NZ labour market report, NZD has remained comfortably the worst G10 performer.
Although the headline unemployment rate fell to 4.2% from 4.3%, this was due to
a decline in participation rate, as employment change moved into negative
territory on a Q/Q basis. Wage data also provided disappointment, save average
hourly earnings, adding to the generally pessimistic picture.
- Sterling ticked higher vs. its G10 peers, extending yesterday's gains
registered on fresh optimism re: the ongoing cross-party Brexit talks.
- Elsewhere, price action has been relatively subdued, with Japan, China, Hong
Kong, Singapore and South Korea off for holidays.
- Focus today turns to the U.S. FOMC MonPol decision, as well as the
accompanying presser with Fed Chair Powell. ECB's de Guindos, as well as BoC's
Poloz & Wilkins are due to speak, with U.S., UK & Canadian m'fing PMI, as well
as U.S. m'fing ISM also due. Worth noting May Day holidays across mainland
Europe will keep many markets closed.