The yen and market jitters remain the main talking point though
The kiwi is mostly retracing some losses from overnight trading after the RBNZ moved to a more dovish stance yesterday. Besides short positions being squared, there isn't much else to look into the move by the currency to start the day so far.
Likewise, the aussie is benefiting from similar sentiment with AUD/USD holding near the 0.7100 handle. Large expiries are set to roll off later today at the figure level so that may play a part in keeping price around current levels in European trading.
Meanwhile, the yen continues to strengthen on the back of global growth worries as bond yields continue to fall while equities remain jittery to start the day. USD/JPY is inching closer to the 110.00 handle as we begin the morning.
The euro is a little higher as it looks to find support around the 1.1240-50 level but the single currency still trades in a tight range against the dollar so far today: 17 pips.
The pound is near flat levels in volatile trading after UK lawmakers failed to reach a majority in indicative votes while May laid out her resignation path in hopes of paving the way for her deal to be passed in parliament. However, support remains fleeting as the DUP continues to reiterate that they can't back her deal ahead of a possible vote tomorrow.
