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The majors have operated in a narrow range....>

FOREX
FOREX: The majors have operated in a narrow range in early Asian dealing with
Chinese LNY and an extended US weekend (Monday is a national holiday) set to
potentially crimp liquidity on Friday.
- USDJPY last trades between 106.15-.20 after a brief pop higher in US trade
after a Nikkei piece noted that BoJ's Amamiya and economist Wakatabe (both
doves) are in the frame for the role of Deputy Gov. at the the BoJ. These names
have been touted before, and the ensuing move in the cross was unwound.
- RBA Gov. Lowe has offered little new in his parliament address thus far, and
hasn't touched on the Aussie as of yet. AUDUSD in a tight range, while NZDUSD
trades below 0.7400.
- For GBP focus will fall on Friday's UK Retail Sales print and PM May's visit
to Berlin. GBPUSD last at 1.4095, EURGBP circa 0.8870.
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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