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-Once again GBP sits at the top of the G10....>

FOREX
FOREX: -Once again GBP sits at the top of the G10 FX pile as markets continue to
price in the odds of a Brexit deal as soon as the end of the month. Reports
suggested that UK Government is said to be aiming for a late-November Brexit
summit, with no deal forthcoming this week. GBP/USD, however, was not able to
hold the gains posted in Asia-Pac trading, but holds above 1.30 in late US
hours.
-Despite this, market moves were largely shallow and short-lived, with traders
holding fire ahead of the US midterm elections, with results due late in the
Wednesday Asia-Pac session. CHF and JPY weakened (slightly) as equities in core
Europe and the US advanced.
-Emerging market FX was largely quiet also, although TRY traded stronger against
most others as further signs of a moderation in US-Turkey relations buoyed
Turkish assets. USD/TRY touched the lowest levels since early August on the
move.
-The RBA rate decision takes focus Tuesday, with ECB's Praet, Coeure and
Lautenschlaeger also due to speak. Data calendar is relatively light.

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