Trial now

UXY Blocked

FOREX: Risk on flows drove early Asia-Pacific FX trade, on the back of renewed
Brexit optimism & a BBG source story suggesting that the U.S. is set to hold off
on auto-tariffs for now. 
- Sterling started on the front foot following reports suggesting the UK cabinet
will back PM May & her Brexit deal later today. GBP/USD added ~60 pips at one
point, but trades a mere 10 pips higher last, as enthusiasm was curbed by
potential difficulties getting the deal through parliament. 
- USD/JPY edged higher, with the Nikkei 225 in the green for the majority of the
session (albeit marginally), but the rate failed to breach Y114.00. 
- CAD remains limited by the slump in oil prices, with WTI trading on a $55
- An in line print for AU wage data did little for AUD bulls. 
- Key economic releases today include German & EZ GDP, as well as UK & U.S.
inflation data. Elsewhere, Fed Chair Powell is due to speak in late U.S./early
Asia hours.