The greenback continued to attract sellers.....>

GOLD: The greenback continued to attract sellers overnight.

- USDJPY ran to highs heading in to the Tokyo fix, but has since pulled back

with the Nikkei 225 trading 1.10% lower. USDJPY last trades at ~106.50.

- Elsewhere both the AUD & the NZD have moved higher vs. USD, aided by the

strong industrial production release out of China. It is worth noting that some

A$1.11bln worth of AUDUSD options with strikes between 0.7800-0.7805 are set to

roll off at Wednesday's 10:00 NY cut.

- GBP & EUR have benefitted from the broader USD weakness, with cable having a

look at 1.400 before pulling back towards 1.3980 & EURUSD back above 1.2400.

- USDCAD operates at 1.2950 last, after CAD posted losses across the board on

Tuesday on the back of BoC Gov Poloz stressing the Bank's cautious,

data-dependant stance. Hourly support is noted between 1.2880/90.

- Risk events on Wednesday include addresses from the ECB's Draghi, Praet,

Constancio & Coeure, US Retail Sales & the weekly DoE crude inventory data.