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Renewed risk appetite via JPY crosses seen....>

FOREX
FOREX: Renewed risk appetite via JPY crosses seen lending support to the majors.
EUR & GBP print fresh session highs of $1.1321/$1.2935 respectively, with focus
on data release this morning. The UK Labour Force Survey (0930GMT) will likely
show continues strength in the underlying jobs market and a pick-up in average
earnings. Unemployment is expected to hold steady at the multi-decade low of
4.0%. Germany's ZEW will publish the February survey results at 1000GMT, with
forecasts mixed. The current conditions index is seen lower, while expectations
are seen modestly higher.

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