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G10 FX Range-Bound Ahead Of Aussie CPI & FOMC Decision


Little to stir things up so far, news flow is light and data releases few and
far between. AUD has gained in the lead-up to the release of Australia's Q2 CPI
figures and outperforms in G10 FX space. An uptick in e-minis has seemingly
applied some very modest pressure to JPY & CHF. GBP trades on a softer
footing, has ticked away from yesterday's multi-month highs. G10 crosses are
happy to hold fairly tight ranges, as participants await today's MonPol
decision from the FOMC.

  • Apart from aforementioned FOMC decision & Australian inflation data, focus
    falls on U.S. wholesale inventories and French consumer confidence.

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