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G10 crosses struggle for a clear direction....>

FOREX
FOREX: G10 crosses struggle for a clear direction and remain relatively
range-bound, as we await today's monetary policy decision from U.S. FOMC. The
Antipodeans underperform at the margin, although there has been little of note
on the wires lately. Perhaps AUD is limited by the news that China's Education
Ministry warned its citizens against the risks associated with studying in
Australia, which signals a continued escalation of bilateral tensions.
- Chinese inflation data, U.S. & Norwegian CPIs and French industrial output
take focus on the data front today. Central bank speaker slate features ECB's
Muller, Kazimir, Schnabel, de Guindos and Knot, as well as Riksbank's Ingves.

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