FXWW News/Open/Wrap

Big data events looming later today

  • Most of today’s action was in regional stockmarkets which were up to 3% lower;
  • USD/JPY rallied 50 pips in early trade on reports of a big M&A deal;
  • The NZD was well supported by strong business confidence data;
  • Plenty of big risk events later today with UK CPI and US retail sales (calendar).

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