Aud/Jpy

[GreenApple]

The euro gained half a percent to trade at $1.148. The single currency changed hands more than 1 percent above this year’s trough of $1.1301 reached on Aug. 15.

Sterling rose 0.38 percent, last at $1.316 buoyed by a BBC report that Britain is preparing for a Brexit agreement by the end of November. (Reporting by Kate Duguid and Saikat Chatterjee; Editing by David Gregorio)

[GreenApple]

The greenback has been the surprise winner in the global currency markets this year after Trump and congressional Republicans passed a significant tax cut, and strong economic growth prompted the U.S. Federal Reserve to start steadily raising interest rates.

[GreenApple]

The U.S. dollar edged lower on Wednesday, with some investors tiptoeing back into riskier assets after midterm elections split power in the U.S. Congress, giving Democrats greater ability to check any major initiatives from President Donald Trump.

[GreenApple]

The FOMC decision is fully expected to be a steady hand at 2.00-2.25% and there is no press conference nor updated forecasts. This leaves the interest in any changes in the wording of the fairly brief and formulaic statement. The meeting was scheduled a day later than usual due to the elections."

[GreenApple]

"China’s Oct trade balance has plenty of potential to surprise, given potential distortions from the timing of US tariffs and the week-long holidays at the start of October. The Sep surplus was $31.7bn, with both imports and exports up sharply. We will also see Philippines Q3 GDP (f/c 6.2%yr) and see the Bank Negara Malaysia policy decision, which should be no change, at 3.25%.

[GreenApple]

AUD/USD fell from 0.73 the figure to a low of 0.7227. Eyes will be back to China and US trade relations and the Yuan. The Kiwi was mixed on the RBNZ that seems as though will allow the economy to run hot before acting despite a series of positive data turnouts of late that include CPI, GDP and unemployment all beating expectations. The Kiwi climbed from 0.6773 to a high of 0.6810.

[GreenApple]

and unnerved over the results. USD/JPY rallied from a low of 112.94 to a high of 113.60 where it ended in North America at 113.54. AUD/USD was pretty much sideways and only gave back around 70 pips despite the rally in the greenback while US stocks propped up the risk on feel that supports the antipodeans and commodity complex while AUD/JPY also acted as a buffer, rallying on positive risk appetite.

[GreenApple]

USD/JPY was recovering throughout European and NY markets with global stocks riding a wave of green following the wave of Blue that swept through the House. However, the markets take was that it was an outcome to be expected and Trump's rhetoric was upbeat on the domestic economy

[GreenApple]

The UK is seen to be getting closer to a Brexit deal, and that is underpinning the pound in anticipation of a positive outcome. EUR/GBP, for that matter, is suffering and was ending the NY session down by just less than 0.5% at 0.8713 having moved with a range in the North America shift of between 0.8746-0.8712.

[GreenApple]

The euro close in NY at 1.1439 as investors get set for the FOMC outcome of the two-day meeting that started on Wednesday looking to see whether the Fed remains hawkish. GBP/USD was resistant to the dollar's gains and was ending NY +0.3% at 1.3140 having traveled within a North American range of between 1.3167-1.3120.