Price action across the G10 FX space has......>

FOREX: Price action across the G10 FX space has been subdued thus far, with

investors awaiting the monetary policy decision from the RBNZ, as well as

subsequent press conference with RBNZ Gov Orr. The kiwi has ticked lower vs. its

G10 peers as a result.

- JPY has outperformed at the margin, as regional equities continue to come

under pressure from the recent escalation in U.S.-China trade war. Worth

mentioning that the BoJ released the minutes from its Mar MonPol meeting earlier

today, but no impact on JPY has been noted. 

- NOK has fared relatively badly after finishing as one of the worst G10

performers yesterday, as global trade matters weighed on oil prices.

- Barring the aforementioned MonPol decision from the RBNZ, focus today turns to

Chinese trade balance, as well as German & Norwegian industrial outputs.

Elsewhere, BoE's Ramsden, Fed's Brainard, Riksbank Dep Gov Jochnick & ECB Pres

Draghi are set to speak.