G10 FX price action was rather range-bound....>

FOREX: G10 FX price action was rather range-bound overnight. Initial focus fell

on the UK, where the House of Commons held the final vote on the Cooper-Letwin

Bill, forcing the gov't to avoid a no-deal Brexit. The bill was passed and

promptly received royal assent, thus becoming law. The news generated some

modest sterling demand and GBP continued to advance later in the session.

- JPY crosses ticked higher as the Nikkei 225 had a look into positive

territory, but pulled back into the Tokyo fix. The move in Japanese benchmark

equity index occurred after RTRS sources said that Third Point "is raising a

dedicated investment vehicle to target $500mn-$1bn in capital, so it can buy

more Sony shares," while Japanese Econ Min Motegi said U.S.-Japan trade talks

will commence next week.

- NZD gained vs. most of its G10 peers, but AUD lagged its Antipodean cousin, as

the impact of better than exp. Aussie house loan data was immediately offset by

Dalian iron ore's drop from recent multi-year highs.

- Norwegian GDP and Italian retail sales take focus today. Riksbank Dep Gov

Ohlsson will speak, ahead of late night comments from Fed's Quarles and Clarida.