Not too much on the agenda in European trading later today ...Middle East

The dollar is in a sluggish spot, as it comes under renewed pressure to start trading this week. EUR/USD broke out to its highest since December, now eyeing the highs then at 1.1123-39. Meanwhile, AUD/USD also extended its upside run to the highest in a month above the 0.6700 mark.USD/JPY remains a focus as well, seeing volatile price action so far on the day. The pair fell to a low of 145.85 earlier but is now trading 100 pips above that near 147.00 - up 0.2% on the day. Here's a look at the near-term chart:Looking to European trading, traders will once again have to look to themselves for motivation to any moves. Risk trades got a boost in US trading yesterday but US futures are more muted

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