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USD, JPY Weaken On The Back Of Signals From Local Equity Markets

FOREX

An apparent pause to renewed equity market hiccups seen at Wall Street has generated light risk-on flows across G10 FX space. With e-minis grinding higher and the Nikkei 225 wiping out initial losses, USD and JPY have landed at the bottom of the pile. GBP remains dented by lingering Brexit concerns. The moves have been limited amid a dearth of fresh catalysts.

  • U.S. and German CPIs, UK monthly economic activity indicators and comments from ECB's Lagarde, Lane, Villeroy, Weidmann, Schnabel, Mersch and Holzmann take focus from here.

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