The dollar put on a mixed performance.........>

FOREX: The dollar put on a mixed performance against its peers in quiet Asian

trading, where cross flows largely dictated direction. Weekend press reports had

suggested the Brexit divorce bill from the EU could climb from Friday's

projected E40-45bn. Also, Brexit Secretary David Davis was in the news after he

said the deal was more of a statement of intent than a binding agreement.

Japanese lifer demand in Gbp/Jpy lifted cable in Asia from $1.3380 to the

$1.3400-05 area. Momentum continued into Europe, cable touched highs of $1.3431

but soon faded. Rate was quick to pare gains, slippage back under $1.3400

extended to $1.3362 with added weight via Eur/Gbp. The cross traded

Gbp0.8773-0.8825. Eur/Usd consolidated in a narrow $1.1775-99 range, traders are

reminded of the large E1.02bn $1.1800 option-expiry for today's NY cut. Usd/Jpy

drifted from Y113.57 to Y113.35 with added weight from UST yields. Aud

consolidated Asia gains into Europe, the pair had lifted from $0.7504-28

overnight in sympathy with the surging kiwi following reports that Adrian Orr

was named as the new governor of the RBNZ, seen by many as an inflation hawk.

The rate did manage to grind out a fresh high of $0.7536, before easing.