FX Update: The advent of today's U.S. midterm elections has been crimping directional ambition in markets. USD-JPY ebbed back toward 113.00 after printing a one-month high at 113.44, while EUR-JPY and AUD-JPY also reversed out of respective two-week and one-month highs. The Yen's rebound was concomitant with European stock markets and S&P 500 futures tacking lower, with sentiment shifting to a more cautious aspect after a positive Wall Street session yesterday, and mostly positive session on Asian bourses today. The elections in the U.S. has been crimping commitment given the possible consequences for Trumpian economic policy. EUR-USD has continued to narrowly orbit the 1.1400 level, which approximately marks the midway point for the range that's been seen over the last couple of weeks. Sterling posted a fresh two-week high versus the dollar, at 1.3085, while concurrently printing a one-month high against the euro and a three-week peak to the yen. Optimism that a Brexit deal has entered the realms of realism, though the Irish border issue still remains a significant obstacle, with UK cabinet sources cited by the Guardian affirmed that the Irish border backstop remains the sole sticking point in Brexit talks. USD-CAD edged out a three-session high amid a backdrop of weak oil prices.