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G10 FX Steady After Overnight Risk Rally

FOREX

G10 FX have traded on a low gear at the start to the Asia-Pac session, with lack of noteworthy news and data flow keeping crosses within tight ranges. AUD marginally lags its peers from the basket, despite the absence of any clear catalysts. The space has stabilised after overnight risk-on flows and awaits fresh signals.

  • Focus moves to ECB MonPol decision, U.S. initial jobless claims & PPI, Norwegian & Swedish CPIs, Italian retail sales & French industrial output and comments from ECB's Lagarde & Villeroy as well as BoC's Macklem.

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