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USD remained debilitated after Wednesday's....>

FOREX
FOREX: USD remained debilitated after Wednesday's monetary policy decision from
the FOMC. Members stood pat on policy as expected, but Fed Chair Powell noted
that only a "significant, persistent" move higher in inflation could warrant a
rate hike. DXY hovers just above y'day's multi-month lows.
- GBP firmed up even as poll gap between two major parties shrank a tad. Polling
stations across the UK open at 0700GMT, with exit polls awaited at 2200GMT.
- NZD landed at the bottom of G10 scoreboard. The local food price index
accelerated decline in November, but the immediate reaction was very muted. JPY
also lost ground as domestic equity benchmarks shed their earlier weakness.
- Greenback fragility boosted EMFX. USD/HKD had a look into the lower half of
its permitted trading range, but has trimmed losses since. Analysts point to a
combination of seasonal factors and protracted HIBOR premium over LIBOR. USD/KRW
sold off sharply, pressured by upbeat comments from the BoK.
- The ECB, SNB and CBRT pick up the monetary policy baton. BoC Gov Poloz will
appear later today. German and French CPIs, Swedish unemployment and EZ
industrial output take focus on the data front.

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