The greenback is leading gains on the day
It's more or less a reset button to the moves seen in yesterday's trading session as we get the week going in a more proper manner today. Markets are still keenly focusing on trade talks between US and China, which is set to continue in Washington on Thursday. That will play a part in keeping risk assets guessing over the next few days.
For now, risk sentiment is seen rather tepid and more cautious tones are prevailing following yesterday's strong performance seen in Asian trading. As a result, the kiwi and aussie are on the back foot but not by much as we approach European trading.
Meanwhile, the yen weakened after BOJ governor Haruhiko Kuroda stated that the central bank would mull further easing if there is a threat that it won't achieve its 2% inflation target. Looking ahead, it's still mostly about risk but look towards the charts for near-term moves as things are likely to stay choppy and quiet for today.
