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With US markets closed for Columbus Day,......>

FOREX
FOREX: With US markets closed for Columbus Day, the Asia session was a low-key
affair. The dollar was a little softer against many of its peers, before gaining
some ground back late in the session. Dollar-yen held a tight Y112.61 to Y112.83
range, despite firmer UST yields/Nikkei and was last at Y112.65. Euro-dollar
trekked higher from $1.1739 to $1.1782 before fading, the move was predominantly
on Euro-yen demand with buying cited from Japanese Asset managers. Euro-dollar
was last at $1.1772. Aussie-dollar rose from $0.7750 to $0.7790 before fading,
Aussie-yen demand from Japanese investors was cited as the catalyst. Aussie was
last at $07780. Meanwhile, Cable pushed up from $1.3131 to $1.3170 and was last
at $1.3156. The focus now beginning to shift toward the release of today's
French, Italian Industrial Production and UK Manufacturing Production.
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