Greenback regains some lustre on a day........>

FOREX: Greenback regains some lustre on a day light in news and volumes

-After a volatile end to the US session yesterday, Tuesday was quieter with

little developments from either the White House or its trade partners on the

ongoing trade dispute. This allowed the dollar to gain for the first session in

four, but the index remains 0.8% shy of the YTD highs printed on Thursday last

week. The dollar rally put USD/JPY on track to break the 200-dma at Y110.22 but

the rate failed to break above, making the level one to watch in the coming

sessions.

-The NZD was the poorest performer of the day as European and US traders caught

up with the early RBNZ comments on NZD: "the NZ FX rate remains at an elevated

level", prompting NZD/USD to retrace two days of gains. YTD lows at $0.6826

remain the initial support.

-The EUR and GBP performed poorly in the generally strong USD environment as the

EU remain in Trump's firing line for tariffs and as Brexit woes anchor GBP.

-US durable goods orders and speeches from BoE's Carney, BoC's Poloz and Fed's

Rosengren dominate the calendar Wednesday.