Despite headline U.S. NFP beating exp.,.......>

FOREX: Despite headline U.S. NFP beating exp., soft AHE & an unexpected 0.2%

rise in the unemp. rate triggered broad USD sales on Friday. USD/JPY touched

pullback lows of Y110.38 (visiting Y110.30 early today).

- Canada, similarly to the US, also witnessed a strong headline number, soft AHE

and a rise in the unemployment number. USD/CAD eased to C$1.3091 on Friday,

before another wave of sales pressed to C$1.3077 before pressure eased.

- EUR/USD continued its impressive run to top out at $1.1767 with eyes on

$1.1855, the 38.2% retracement of $1.2414-1.1509. EUR ignored comments from

ECB's Coeure which offered little new.

- GBP/USD closed Friday around session highs, extending to $1.3330 early this

week, with the "soft Brexit" outcome at Friday's ministerial summit aiding,

although reports pointing to potential leadership contests and lead Brexiteer

Rees-Mogg noting that he will vote against the proposed Brexit deal capping GBP

at present.

- Highlights today include speeches from BOJ Governor Kuroda, ECB's Draghi &

Nowotny, as well as BOE's Broadbent