Inflation data on the cards in Europe today ...Middle East

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The dollar is down after a more mixed showing on Friday, with other major currencies pushing back following the US PCE price inflation numbers at the end of last week. The Japanese yen is stealing the show for now, as suspected BOJ intervention is hammering down yen pairs with USD/JPY falling from 159.60 all the way down to 155.05 at the lows during the past hour.Besides that, the dollar in general is struggling for momentum since last week. GBP/USD is up 0.4% to 1.2540 as it approaches its 200-day moving average at 1.2555. And then you have AUD/USD which is up 0.7% to near its own 100-day moving average at 0.6584. Those are at least two dollar pairs that are facing some key technical levels

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