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Narrow Ranges On Thursday Morning

FOREX

Narrow ranges have been observed on Thursday morning, moves have been narrow with little follow throughs.

  • AUD/USD is the strongest performer in the G-10 unwinding some of its underperformance in yesterday's NY session, however a narrow ~15 pip range has persisted thus far.
  • Kiwi is little changed from opening levels and last prints at $0.5955/60. AUD/NZD is firmer and sits a touch below the $1.09 handle.
  • Yen has pared some of its early gains, an early session low of ¥145.95 in USD/JPY was seen before losses were pared and the pair now sits a touch above ¥146.
  • Cross asset wise; e-minis are a touch firmer and BBDXY is marginally lower.
  • On the wires in just over one hour we have China's Official PMIs for Aug.

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