Daily FX Report Friday 6th November 2009

06 November 2009 @ 07:41 am EDT

With US payrolls released later on in the trading session, the Asian markets were relatively quiet overnight. Non farms, plus the G20 this weekend, meant Asian traders stayed on the sidelines. RBA increasing their growth forecasts from 0.5% to 1.75% and saying rates will rise steadily. Equities also higher with Nikkei + 0.8%, Shanghai +0.6% and Sydney + 1.7%. Markets could stay in tight ranges into the data today.

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