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The impending monetary policy decision from...>

FOREX
FOREX: The impending monetary policy decision from the FOMC was the dominant
theme in Asia-Pacific hours, while regional data releases and overnight news
flow provided little to no surprises. USD pushed higher against every other G10
currency, but outperformed by relatively narrow margins.
- Antipodean FX were heavy and a less than inspiring reading of Aussie Westpac
Leading Index didn't improve the outlook. AUD/USD tested support from $0.6849,
where the 50-DMA intersects with the Sep 10 & 11 lows, but the level remained
intact. Meanwhile, NZ current account balance met exp., with no immediate impact
on NZD. Still, the kiwi was the worst G10 performer.
- Subdued oil prices dented NOK (but not its oil-tied peer from Canada) after
yesterday's unwinding of an earlier rally in crude, linked to the extensively
covered events in Saudi Arabia.
- Inflation data from the UK, Eurozone and Canada, as well as U.S. housing
starts and building permits headline today's data docket. Riksbank's Ingves and
ECB's de Guindos, de Cos and Villeroy will provide some central bank rhetoric,
but Fed Chair Powell is set to steal the show.

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