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The DXY slipped in Asia-Pacific dealing,......>

FOREX
FOREX: The DXY slipped in Asia-Pacific dealing, although the JPY was the
underperformer in the major space.
- GBP garnered an early, albeit modest bid, following reports from the Times
suggesting that the UK will offer a resolution on the Irish hard border issue
imminently. The headline has helped cable move above 1.4180, while EURGBP trades
around 0.8750.
- JPY came under pressure on hopes of reduced tensions between the US and North
Korea, with the USDJPY cross moving back above 105.50.
- The EURUSD ticked higher in a news-light session, while the NZDUSD traded flat
& AUDSD managed add 20 pips to trade at 0.7000.
- Risk events are fairly limited on Wednesday, with the final US GDP release &
FOMC voter Bostic due to speak, as well as the release of the BoE's latest
agents' survey.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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