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

FOREX: G10 crosses have been range-bound thus far, with NZD edging higher

against each of its G10 peers. Reaction to the release of NZ CPI data was very

muted as headline and non-tradable figures fell in line with RBNZ forecasts,

while tradable inflation provided only a slight miss. However, the kiwi gained

some poise subsequently, with a move higher in NZD/USD capped by the upper 1.0%

10-DMA envelope at $0.6737.

- Highlights of today include RBA Jul MonPol meeting minutes, U.S. retail sales

& industrial output, UK labour market report and German ZEW survey. A batch of

Fed members, led by Chair Jerome Powell, are set to speak. ECB's Villeroy and

BoE Gov Carney will also make appearances.