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

FOREX
FOREX: Price action across the G10 FX space was very limited, with little of
note on the wires. JPY marginally outperformed its peers from the G10 basket
amid second thoughts on Sino-U.S. trade matters, as China's Global Times
circulated talk of Beijing demanding the removal of some U.S. tariffs before the
finalisation of a phase-one trade pact can go ahead. NOK brings up the rear
among the G10 currencies as crude prices are slightly weaker.
- A downbeat NZ Q3 jobs report clipped the kiwi's wings just ahead of Tuesday's
close. A modicum of NZD strength seen at the start to the Asia-Pac session
represented a slight corrective pullback, but the currency shed those gains.
- The yuan gained traction after the PBoC set its central USD/CNY mid-point
below estimates. USD/CNH dropped below the key CNH7.0000 level and failed to
recoup the round figure thereafter, despite testing it to the topside.
- Coming up today are services/composite PMI surveys from across the EZ, German
factory orders and EZ retail sales. ECB's de Guindos, Enria, Holzmann and
Mersch, as well as Fed's Williams, Evans and Harker are set to speak. Those
watching commodity-tied FX may be interested in the weekly DoE report.

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