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The greenback sits marginally lower vs. its...>

FOREX
FOREX: The greenback sits marginally lower vs. its G10 counterparts, although
ranges are contained with news flow limited, as the DXY extended Thursday's
losses.
- There was little in the way of headline drivers apparent during the overnight
session.
- Some slight underperformance crept into GBP, but was ultimately reversed. The
move was perhaps a delayed reaction to the Times story which noted that
"Brussels will threaten to block the City of London's access to European markets
in an opening salvo of post-Brexit trade talks in the new year. EU chiefs will
also warn Downing Street that they could put up barriers to data flows vital to
British commerce."
- AUD/USD bulls managed to solidify Thursday's break and close above the Dec 13
high.
- USD/CNH & USD/CNY ticked back towards 7.00, but ranges remain contained.
- USD/Asia was generally lower, at the margin.
- Friday presents a limited economic docket.
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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