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Reporting on key macro data at the time of release.
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Risk-on feel underpinned by easing Evergrande worry and returning economic optimism has carried over into the Asia-Pac session, lending support to Antipodean FX. AUD/USD retested yesterday's high but struggled to break above that level.
- JPY and CHF underperform all of their G10 peers amid reduced demand for safe haven assets. Japanese markets reopened after a holiday.
- AUD/JPY has punched through its 50-DMA for the first time in almost two weeks, after that moving average limited gains yesterday.
- German IFO Survey, U.S. new home sales will take focus later in the day. Central bank speaker slate is quite tightly packed and features no less than six Fed members in addition to policymakers from ECB, BoE & Norges Bank.