GBP/USD was the biggest mover throughout a....>

FOREX: GBP/USD was the biggest mover throughout a very quiet NY session on

Wednesday. The UK government's meaningful vote victory (319 to 303) over the

rebels saw cable climb 40 pips to $1.3216, before fading, last $1.3175. The vote

limits parliament's ability to direct PM May's Brexit negotiations with the EU.

EUR/GBP moved back under the 100-dma to a low of GBP0.8768.

- ECB's Nowotny remarks that he sees the EUR depreciating against the USD

pressured EUR/USD to $1.1537 in the European morning, but a firmer EUR theme

spilled over into NY and EUR/USD touched recovery highs of $1.1600.

- Firmer US Tsy yields/equities allowed USD/JPY to close above 110.25 (200-dma).

- Commodity based FX continued to operate in a defensive manner. NZD/USD briefly

traded through its long term ascending trend line support to $0.6860. AUD/USD

printed $0.7367, USD/CAD touched fresh YTD highs of C$1.3321.

- NZ GDP dominates the Asia-Pacific session, while a slew of central bank

meetings kicks off with the SNB at 0730GMT, Norges Bank at 0800GMT, followed by

the BoE at 1100GMT. Elsewhere ECB's Weidmann, Nowotny & Villeroy, Fed's Kashkari

and a late address by BoE Gov Carney add to the day's central bank decisions.