Just a couple of light releases on the agenda in Europe today ...Middle East

The dollar is holding in a decent spot on the week but is marginally lower today against the likes of the euro and sterling. The ranges for the day are still relatively narrow, so I wouldn't look much into that. Instead, the focus stays on USD/JPY as it trades to its highest levels in more than three decades.The pair touched a high of 160.87 overnight but is dragged back down to 160.30 levels now as caution is up in the air. There were some verbal pushback by Japanese officials since yesterday but buyers are not that intimated for now. But there is definitely some trepidation as we look towards European trading.Coming up in the session ahead, we'll have M3 money supply data and Eurozone econ

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Just a couple of light releases on the agenda in Europe today ...Middle East

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