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-Despite Thursday's Fed meeting providing.....>

FOREX
FOREX: -Despite Thursday's Fed meeting providing few surprises, markets were
happy to sell risk assets Friday, with momentum picking up into the US close
ahead of the extended weekend (Veteran's Day on Monday sees some US exchanges
closed). As a result, markets were happy to bid up the JPY, USD and CHF, with
NOK, GBP and CAD suffering in particular.
-Further news of ministerial resignations against PM May's Brexit deal hurt GBP
which had been somewhat resilient throughout the European session. Concerns of
further destabilisation over May's proposals sent GBP/USD back below $1.30,
retracing the entirety of the week's modest gains.
-Commodity-tied FX also performed poorly as the oil price suffered once more.
WTI crude futures fell below $60/bbl, touching the lowest levels since February
as supply glut concerns continue to pervade.
-After a slow start Monday, attention turns to UK jobs and inflation data,
German ZEW survey, GDP figures from Japan, Germany and the Eurozone as well as
US CPI.

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