Eurozone inflation the highlight of the agenda in the session ahead ...Middle East

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Eurozone inflation the highlight of the agenda in the session ahead
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The dollar showed much resilience in trading yesterday, despite a softer US ISM manufacturing report here. One of the reasons for that has been the continued climb in bond yields, with 10-year yields in the US rising to 4.49% overnight. It is settling around 4.45% so far today but that is still up 26 bps from last month's low.In turn, that is keeping USD/JPY underpinned especially. The pair is now trading up to 161.60 levels and eyeing further gains with pressure continuing to mount on the Japan MOF and BOJ.Meanwhile, the euro was a focus point amid an opening gap higher yesterday after the first round of the French elections over the weekend. That said, EUR/USD failed to gain much traction

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