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G10 Crosses Tread Water In Quiet Asia-Pac Morning

FOREX

GBP has taken the lead in G10 FX space despite the lack of any evident headline catalysts and lingering concerns over Brexit and freshly tightened social restrictions in the UK. JPY underperforms ahead of the Tokyo fix, as Japan returns from holidays. Major crosses have looked past the latest news flow, largely centred around U.S. fiscal & political matters.

  • A monetary policy decision from the RBNZ, PMI readings from across the globe, German GfK Consumer Confidence, comments from ECB's de Cos and a flurry of Fedspeak take focus today. Fed speakers include Chair Powell, Mester, Evans, Rosengren, Kashkari, Bostic, Daly and Quarles.

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