G10 FX crosses have stuck to exceedingly......>

FOREX: G10 FX crosses have stuck to exceedingly tight ranges, although major

regional stock indices continued to suffer from the ongoing U.S.-China trade

spat. Some marginal, short-lived demand for JPY was noted after BBG ran

headlines stating that the U.S. has moved to impose countervailing duties on

countries that undervalue their currencies vs. USD.

- USD/TRY has added ~250 pips, but still trades shy of yesterday's best levels.

- Asia-Pac data releases have been shrugged off, with Japanese CPI figures

matching forecasts and NZ trade balance slightly undershooting expectations

(while both imports & exports were better than exp.).

- UK retail sales and U.S. durable goods are the remaining data highlights of

today, while ECB's Nowotny and Riksbank's Skingsley are set to speak. The EU

enters the second day of the European elections.