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Risk-sentiment soured during the..............>

FOREX
FOREX: Risk-sentiment soured during the Asia-Pacific session, with commodity
futures broadly lower and regional equities all trading deep in negative
territory. Naturally, the yen was the main beneficiary and made solid gains
across the board. Weaker than expected Q3 GDP saw the Aud plunge from $0.7634 to
$0.7572. Eur/Usd opened firm in Europe, strong German Factory Orders data lifted
to $1.1840, but was quick to pare gains. The euro started to drift, moved
through the area of support at $1.1820 to print lows of $1.1812. Cable drifted
throughout the session from $1.3430 to $1.3382 ahead of Brexit Minister Davis'
address to the Brexit Parliament Committee. The yen strengthened across the
board in early Europe. Usd/Jpy moved through the Asia base, briefly dipped under
Y112.00 before support from the 50% fibo Y110.84-113.09 cushioned falls. Rate
later recovered to the Y112.15/20 area. Eur/Jpy slipped from Y132.86 to Y132.42,
dip buyers emerged off the low to settle Y132.60. Despite the overnight soft
Australian GDP reading, consolidation largely remained the theme in Europe,
Aud/Usd held $0.7576-94. Main US data highlight today at 1315GMT from the ADP
Employment Report.

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