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Overnight news flow surrounding the key.......>

FOREX
FOREX: Overnight news flow surrounding the key current risk factors was limited,
as the major pairs stuck to tight ranges, while the key regional stock indices
trade lower, albeit well shy of the 3.0% fall that the NASDAQ produced Monday.
- The Antipodeans sit at the opposite ends of the G10 pile with AUD/NZD
breaching yesterday's lows of NZ$1.0642. 
- JPY crosses moved to highs as BoJ Gov. Kuroda noted that he believes current
MonPol settings will bring about inflation in Japan. Kuroda also stated that the
"possibility of reaching the inflation target in FY2020 is low." However, JPY
pairs have eased off since, weighed by soft equities, USD/JPY back to unch at
Y112.55. 
- The release of RBA's Nov MonPol meeting mins drew no reaction with the Bank
reiterating that the next move in its cash rate is likely to be up, and that it
sees no strong case for an adjustment in MonPol in the near term. 
- Focus Tuesday turns to U.S. housing starts & building permits. Elsewhere, RBA
Gov. Lowe will give a speech, while a group of BoE members headed by Gov. Carney
will testify to lawmakers.

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