The Asia session was particularly quiet,......>

FOREX: The Asia session was particularly quiet, news flow was sparse and G10

crosses mostly respected tight ranges. NZD picked up a bid as RBNZ Dep Gov

Bascand told BBG that the recent change to bank capital framework will not

hamper NZ economic recovery, while the current developments seem to back the

thesis that "we're near or around that turning point." AUD rose alongside its

Antipodean cousin to its certain extent.

- CAD underperforms its G10 peers. Oil prices softened, albeit only marginally.

- GBP consolidated yesterday's gains as the polls continue to favour the Tories

ahead of the general election scheduled for next Thursday.

- USD/KRW sank early on, returning under its 100-DMA and filling yesterday's

gap. That said, the rate failed to hold onto those losses and pared the dip.

- U.S. NFP, U. of Mich. Survey and wholesale inventories, German and Norwegian

industrial outputs, Canadian jobs data and Italian retail sales take focus from

here. Riksbank will publish their business survey.