It was another lacklustre session for the.....>

FOREX: It was another lacklustre session for the major G10 pairs overnight, in a

headline light session, with the soft Chinese Caixin Services PMI applying

additional pressure to sentiment.

- The NZD has remained under pressure, with trade war worries & the yuan's

weakness doing little to stoke demand for the currency, although NZD/USD hasn't

threatened the YtD low ($0.6688).

- The AUD/USD had a very modest reaction to stronger than exp. AU retail sales

data, trading a mere 10 pips higher on the session last, aided by AUD/NZD

consolidating above NZ$1.0900.

- Elsewhere USD/JPY traders lacked any real conviction.

- USD/CNH provided the main focal point of the session, as the pair traded

within touching distance of CNH6.9000 following a softer PBOC fixing for the

yuan. The move higher has since faded, as Chinese stocks recovered, last dealing

at ~CNH6.8850.

- Friday's nonfarm payrolls release takes focus, with services PMIs from across

the globe also due.