A very muted open in the FX space. - As a.....>

FOREX: A very muted open in the FX space.

- As a reminder, Friday saw USD weakness at the fore, with focus on year-end

rebalancing models, albeit against a lower liquidity backdrop.

- China's PBoC decided to apply the LPR to existing floating rate loans over the

weekend, which BBG suggests could lower the costs of CNY152tn worth of loans,

getting some early interest in Asia hours. As are tensions in the Middle East,

after the U.S. military carried out "defensive strikes" on 3 Kataib Hezbollah

facilities across Iraq & Syria after after a U.S. civilian contractor was killed

in a rocket attack on an Iraqi military base on Friday.

- Monday's docket is somewhat U.S.-centric, as the holiday feel remains well and

truly in swing. Chicago PMI, advance goods trade balance, Dallas Fed m'fing

index & pending home sales are all due out of the U.S.