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May 1: Asian session

Demand for the greenback remains low. Today the investors will be focused on the FOMC meeting at 18:00 GMT. Also pay attention to the ADP employment and ISM manufacturing PMI at 14:00 GMT. Traders must be careful, though: closed European and Chinese banks will keep the market volumes low.

USD/JPY rebounded to 97.40 after having tested 97.00 earlier in the day. AUD/USD is trading at $1.0360 after having touched $1.0390 yesterday. Chinese manufacturing PMI came a bit below the forecast, but holds above 50. NZD/USD is trading at $0.8570.

EUR/USD is consolidating in the $1.3160/80 range. GBP/USD is trading at $1.5540. USD/CAD slipped below the 1.0100 mark.

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