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Market Activity Slightly Below Average So Far Today

FOREX

Currency volumes again a little below average for this time of day, with JPY, CNY the most active so far, with CNY having traded over 50% of it's daily average volume. Not difficult to see why with such a quiet calendar this morning and suspect this could change tomorrow ahead of Powell's remarks at Jackson Hole.

US prelim durable goods orders and speeches from BoE's Haldane and BoC's Wilkins could elicit interest.


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