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Risk aversion was the main theme this.........>

FOREX
FOREX: Risk aversion was the main theme this morning, but the initial risk-off
moves have unwound somewhat. With little of note out of the Asia-Pac region so
far, the main focus remains on yesterday's monetary policy decision from the
Fed. Policymakers struck some less optimistic notes re: economic recovery and
forecast that rates will stay near zero at least through the end of '22.
- The Antipodeans continue to underperform in the G10 basket, but have pulled
back from earlier lows. JPY is the best performer in the space.
- U.S. initial jobless claims & PPI, Swedish CPI & Italian industrial output hit
the wires today, while Riksbank's Jahnsson & Skingsley will speak.

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