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G10 crosses remain range-bound as.............>

FOREX
FOREX: G10 crosses remain range-bound as participants await the monetary policy
decision from U.S. FOMC. A modestly cautious mood has been apparent from the
off, which keeps JPY afloat. The Antipodeans have picked up a bid after
Australian Q3 CPI numbers broadly matched expectations, with headline CPI
accelerating to +1.7% Y/Y from +1.6%. Worth noting, however, that the figure
remains below the RBA's target range, while the weighted-median measure slowed a
tad, providing a marginal miss. 
- Any fresh signals re: U.S.-China trade negotiations would also be welcome,
after RTRS reported yesterday that a trade pact may not be ready for signing
next month. Resulting uncertainty may have applied some weight on the won, which
has faded from the off and leads declines in Asia.
- Fed Chair Powel's post-MonPol presser will take focus today; ECB's Enria,
Lautenschlaeger, and Rehn are also set to speak, while the Bank of Canada
decides on MonPol. Highlights on the data docket include U.S. and French GDP
data, U.S. & German unemployment figures, as well as German CPI & U.S. PCE.

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