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USD moved higher on Wednesday with the........>

FOREX
FOREX: USD moved higher on Wednesday with the Scandinavian currencies left
behind, as month- and quarter-end flows buoyed the greenback and slowed any
progress for the EUR. With one business day left before the end of the
month/quarter, Thursday's trade may be choppy as markets rush to close business.
- The Scandinavian currencies took a hit on the back of poor Norwegian retail
sales & lower crude oil prices. EURSEK rose in tandem to fresh near-decade highs
as Sweden's equity dividend season continues.
- JPY was offered throughout the session as the dollar gained throughout the
bulk of NY dealing, with USDJPY boosted ahead of the close as reports suggested
that North Korea is open to bilateral talks with Japan.
- GBP has ignored some conflicting stories on whether the opposition Labour
Party will back the final Brexit deal. 
- The Asia-Pacific docket is somewhat lacking in terms of tier-1 data releases.
Focus for Thursday's session turns to German regional/national CPIs and
unemployment figures, Canadian GDP, US Spending/Income data & Chicago PMI. Fed
non-voter Harker is also due to make an address.
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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