ForexLive European FX news wrap: Dollar carries over Friday gains amid higher yields ...Middle East

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ForexLive European FX news wrap: Dollar carries over Friday gains amid higher yields
Headlines:Dollar begins to flex its muscles on the sessionThe bond market remains a key focus in trading this weekOECD raises global growth prospects amid strengthening US outlookGermany December trade balance €22.2 billion vs €18.8 billion expectedEurozone Sentix February investor confidence -12.9 vs -15.0 expectedEurozone December PPI -0.8% vs -0.8% m/m expectedEurozone January final services PMI 48.4 vs 48.4 prelimUK January final services PMI 54.3 vs 53.8 prelimSNB total sight deposits w.e. 2 February CHF 481.2 bn vs CHF 472.2 bn priorMarkets:USD leads, GBP lags on the dayEuropean equities lightly higher; S&P 500 futures down 0.2%US 10-year yields up 6 bps to 4.092%Gold down 0.7% to $2,0

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