The dollar continues to pick up from where it left off last week
European indices are keeping slightly lower but more tepid in general while S&P 500 futures are seen down 0.2%. That points to a more subdued risk mood but nothing too defensive on the session so far.
However, the dollar continues to go from strength to strength as it keeps a modest advance against the major currencies bloc so far - likewise is the yen.
Commodity currencies are leading the decline today, with AUD/USD nearing a two-week low in a drop to 0.7663:
Elsewhere, NZD/USD has fallen to its weakest level since 29 December and testing 0.7100 while USD/CAD is knocking on the door of the 1.2800 handle.