G10 crosses have been range-bound so far,.....>

FOREX: G10 crosses have been range-bound so far, with the initial focus on

Chinese CPI and PPI, due at the bottom of the hour. The latest news flow has

suggested that the U.S., Mexico and Canada are getting closer to striking their

trilateral USDMCA trade pact, with simultaneous negotiations underway between

the White House and the Democratic Party. House Speaker Pelosi is currently

reviewing the legislation revised by U.S. and Mexican negotiators.

- AUD has looked through better than forecast domestic house price data & a

slight deterioration in NAB biz. confidence. Comments from RBA Gov Lowe also

provoked little to no reaction, as they didn't touch upon MonPol matters.

- Within the G10 basket, JPY underperforms at the margin and NZD sits atop the

pile but the margins remain very slim.

- German ZEW survey, French and Italian industrial outputs, Norwegian CPI and a

slew of UK monthly economic indicators are due later today. ECB's Visco is the

sole central bank speaker on the docket.