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With Japan out for the Marine Day holiday,....>

FOREX
FOREX: With Japan out for the Marine Day holiday, markets volumes remained light
overnight with major FX currency pairs tied to narrow ranges. As the quiet theme
spilled over into Europe NZD sits top of the G10 pile with gains of 0.42%
against the USD, closely followed by GBP & AUD. The USD is moderately weaker
across the board, DXY eases to 94.58, while gold has rallied $4 to $1245.64.
Quiet on the calendar with main highlights in the US from Retail Sales and
Empire Manufacturing. US retail sales rose by 0.8% m/m in May. The empire state
manufacturing survey previously had an index reading of 25.0. Notable expiries
today for EURUSD $1.1670-80(E1.68bn), EURGBP Gbp0.8800(E1.2bn).

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