FOREX: Muted Start Across G-10

There has been a muted start across G10 FX on Friday, ranges have been narrow with little follow through on moves.

• AUD/USD is a touch pressured, the pair is paring some of yesterdays gains having been unable to breach Thursday's high ($0.6717) in early dealing. The pair last prints at $0.6705/10, support comes in at $0.6613 the 20-Day EMA.
• Kiwi is little changed, NZD/USD is dealing a narrow ~10 pip range below the $0.61 handle.
• Yen is marginally weaker as it pares some of Thursday's gains. USD/JPY sits a touch above ¥139 handle. On the wires earlier in the session M2 Money Supply rose 2.7% Y/Y in May and M3 Money Supply rose 2.1%.
• BBDXY is little changed, e-minis are marginally lower and US Treasury Yields are ~1bp firmer across the curve.
• Official May CPI and PPI from China headlines in Asia today, the market expects CPI to rise 0.2% Y/Y and a fall of 4.3% is forecast for PPI.