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FOREX: Reports that 'excellent progress' is being made on the US tax bill
encouraged a rise in US rate yields, leaving the dollar slightly better bid
against its G10 peers. Dollar-yen climbed from Y113.61 to Y113.94, Tokyo-fix
related demand also assisted in the move. Euro-dollar eased from $1.1655 to
$1.1629 in what was a carbon-copy of yesterday's move in Asia. Aussie
consolidated within a $0.7648 to $0.7667 range. Kiwi-dollar was an outlier, the
flightless bird trekking higher from $0.6838 to $0.6914 amid a robust Q3 Labour
report. Meanwhile, Cable edged lower from $1.3294 to $1.3270 and was last at
$1.3275. FOMC policy decision is the main focus ahead, they are widely expected
to be on hold with the statement likely to confirm expectations of a December