Forex Daily Analysis - Thursday, Sep 6th

Quiet Waters Ahead of the Storm

Soft US ISM figures capped a rising USD yesterday. Carry trades took a hit as the JPY went higher. Watch for Canada rates at 13:00GMT as well as the pending house sales and Beige Book from the US.

Market

* FX: USD higher across the board helped by turmoil in US figures. JPY strenght on risk aversion.

O/N Data Heat map:

EU	US	JP	UK	SZ	AU	CA	NZ	NO	SE	FR
-	-	-			-

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