Inside Session So Far -A far quieter start....>

FOREX: Inside Session So Far

-A far quieter start to the day than recent sessions, with all major pairs

sitting well within recent ranges. CAD remains on the backfoot despite

stabilising commodities prices (WTI and Brent trade higher by between 0.5-1.0%

at writing) and sits at the bottom of the G10 FX table. USD/CAD YTD highs at

C$1.3386 become the upside target and a weak turnout from commodities today

could see a recovery through there.

-Antipodeans trade well, with AUD and NZD the strongest in G10 following further

positive noises on US-China trade relations. Nonetheless, rallies remain weak

with no confirmation from the G20 just yet. Trade headlines are likely to cross

over the weekend with markets closed.

-The USD trades mixed with the DXY flat on the session but holding the majority

of yesterday's gains as month-end models continue to indicate soft USD buy

signals.

-Attention shifts to US trade balance and Q3 GDP, with new home sales following.

Speaker highlights include Fed's Powell, BoE's Carney and various ECB members.