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

FOREX: Price action across the G10 FX space has been rather subdued so far.

Little in the way of market moving headlines has been noted. Worth noting we are

in the run-up to a week-long holiday in China, which gets underway on Oct 1. 

- JPY outperforms its G10 peers amid a broadly cautious mood; USD/JPY has

dropped in sync with the Nikkei 225. The yen has shrugged off the release of a

slightly slower than expected Tokyo core CPI.

- NZD faced a modicum of pressure upon the release of the latest ANZ consumer

confidence survey, which saw headline index decline to 113.9 from 118.2. The

impact was very brief and modest, but NZD has extended losses thereafter and

sits at the bottom of the G10 pile.

- Chinese BoP (f), U.S. U. of Mich. survey, personal income/spending and durable

goods orders, French CPI (p), Swedish retail sales and Norwegian unemployment

take focus today. Comments are awaited from BoE's Saunders, Riksbank's Floden,

ECB's de Guindos, Knot, Lane and de Cos, as well as Fed's Quarles and Harker.