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-The Tuesday session was light on both........>

FOREX
FOREX: -The Tuesday session was light on both macroeconomic data and central
bank speakers, leaving markets to reflect on, and consolidate, recent moves. The
USD generally rose alongside both equities and the US 10y yield, quashing
expectations of a renewed leg lower in the DXY following yesterday's close below
the 100-dma. The only currency to outperform the greenback was the JPY, but
ranges were particularly tight, leaving the broader picture unchanged.
-GBP generally underperformed, with GBP/USD bears eyeing the $1.27 handle and
flash crash lows of $1.2441 as UK lawmakers prepare further for the 'meaningful
vote' on Brexit due to take place in one week's time.
-Initial CAD strength evaporated in the US session but the currency remains the
strongest performer of 2019 so far having touched C$1.3269 in early European
trade.
-Focus turns to the FOMC minutes, Bank of Canada rate decision and various Fed
speeches, alongside German trade balance and French consumer confidence.

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