Australian shares are set to open modestly down. Wall Street closed. Commodities little changed. Bitcoin steady near $US43,000. Iron ore extends retreat.
FX: Broad USD weakness pulled USD/JPY toward 142 and EUR/USD, which has spent this week within 1.09-1.10, toward the upper end of that range. GBP/USD and AUD/USD moved higher while USD/CAD and, in Scandies, especially USD/SEK was under pressure and the latter printed a new year low yesterday. EUR/SEK made a brief visit below 11.10 but ended the US session close to it, while EUR/NOK were relatively stable above 11.30.