It was a sedate session for the major FX......>

FOREX: It was a sedate session for the major FX pairs, outside of the JPY

crosses, which broke higher after USD/JPY cleared Wednesday's high, to print at

Y112.38, with the next resistance level noted at the low from January 08

(Y112.87). The move came as U.S. Tsys continued to edge lower, with the latest

leg aided by an uptick in Chinese stocks & comments out of the White House late

Wednesday, which noted that China & U.S. have had talks re: trade, with the U.S.

open to further talks if China addresses its longstanding concerns.

- NZD posted modest losses overnight, with the AUD a touch higher. GBP ignored

the latest round of Brexit comments, although it had a brief look below $1.3200,

touching the July 09 low ($1.3190).

- USD/TRY touched a fresh all-time high of TRY4.9743 after Turkish Pres.

Erdogan's latest round of comments, made on Wednesday afternoon, stating that

"interest rates will go down in the coming period," & that "the dollar will

depreciate against the lira soon." The pair surged in early Asia trade before

regional portals opened, the cross has eased since.

- U.S. CPI, Fed's Harker & Kashkari dominate on Thursday.