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Steady Start In G10 FX Markets, Australian Monthly CPI Due Soon

FOREX

G10 FX markets have started off in a stable fashion in Wednesday dealing. The BBDXY is little changed near 1225.50/60. We had much weaker than expected Japan wages data, which saw USD/JPY tick higher, but there has been no follow. The pair was last 144.45/50, against earlier lows close to 144.32.

  • AUD/USD sits near 0.6685, as we await the Nov CPI data due in around 15mins. NZD/USD is steady as well at 0.6240.
  • The bias in US Tsys is higher following modest gains on Tuesday. US equities are a touch higher at this stage.

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