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Limited news flow and no major data...........>

FOREX
FOREX: Limited news flow and no major data releases translated into a rather
noneventful Asia-Pac session. Risk sentiment fluctuated across the G10 FX space,
but a softer than exp. central yuan fixing from the PBoC failed to fully counter
the impact of firmer Asia-Pac equity markets.
- JPY managed to bounce from the bottom of the G10 pile post-PBoC fix, even as
major regional equity indices remained in the green. This came after a positive
showing from the Nikkei 225 weighed on the currency.
- However, the Antipodeans remained the best G10 performers. NZD ignored
headlines stating that NZ Tsy is investigating potential leak of budget
material.
- CNH more than erased yesterday's gains vs. USD on the back of the
aforementioned PBoC fix, while KRW followed suit.
- Points of note today include consumer confidence data from the U.S., EZ,
Germany, France and Norway, as well as trade data out of Sweden. ECB's Villeroy
is set to speak, while EU leaders are set to meet at a European Council summit,
where they will discuss appointments for the top EU jobs.
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