A light one on the data docket in Europe today ...Middle East

The dollar continues to keep steadier in the new week, with a more negative risk mood overnight keeping other major currencies in check. USD/JPY was a modest mover as it climbed back above 151.00, helped by higher Treasury yields. The pair continues to keeps thereabouts, trapped in between its 100 and 200-day moving averages at 148.63 and 151.96 respectively.For today, the antipodeans are the biggest movers with the aussie leading the path lower. That comes after the RBA softened its policy guidance stance and potentially opening the door for an earlier rate cut next year. Traders are now pricing in ~57% odds of a 25 bps rate cut in February next.That sees AUD/USD erase gains from yesterday

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