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Muted G10 FX Start As Markets Await NFP

FOREX

Early trends in G10 FX markets are largely muted as markets await the NFP print later in the US. The BBDXY sits unchanged at this stage, last near1225.0.

  • Cross asset trends have been equally muted, with little change in US bond yields, while US equity futures sit marginally in positive territory.
  • USD/JPY got to 144.86 earlier, so right around Thursday session highs, but there was no follow through. The pair last in the 144.65/70 region, little changed for the session.
  • AUD/USD is holding 0.6700, while has firmed a touch to 0.6705/10. EUR/USD is steady near 1.0950.
  • We do have Dec F PMI revisions in Japan (services), while consumer confidence prints later, but these releases are unlikely to move market sentiment.

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