A couple more light data releases to move things along in European trading today ...Middle East

USD/JPY was a modest mover in Asia but is not quite ready to break down just yet. It looks like traders will be looking to the US ADP employment change and weekly initial jobless claims data later for further clues. That is not to mention the ISM services PMI also being on the cards.The rest of the major currencies bloc are not seeing much change so far today. The dollar was softer overall yesterday, falling after the JOLTS job openings data here. US futures are also keeping more cautious, down 0.1%, after some back and forth trading yesterday.It's all on how the US labour market is holding up, with markets leaning towards pushing the Fed to cut by 50 bps later this month. The question now i

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