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Forex: USD slightly lower; North Korea wants to talk

FXstreet.com (Barcelona) - Little changes once again in Asia after big moves in the previous London and NY session, with most pairs playing inside relatively small ranges. EUR/USD is up about 20 pips for the session at 1.3055, AUD/USD up about 15 pips at 1.3015, USD/JPY unchanged around 98.24, and GBP/USD up 15 pips at 1.5254.

USD is the loser for the session, with Gold recovering about $30 off session lows at $1333 from a previous big sell-off around the $1380 mark, while Oil diverges and trades at fresh session highs, off $1 session lows at $85.50.

On the data front, business confidence slightly improved in Australia, Japan showed again a wide trade deficit though slightly better than previous, while housing prices in China kept on improving, on the back of foreigner's capital inflows still coming to their economy. Also the news on North Korea wanting to come to the negotiations table was taking as a good news and improved a bit market sentiment in local share markets, though not enough to turn them into profits.

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