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Having based around the 21-dma on Friday,....>

DOLLAR
DOLLAR: Having based around the 21-dma on Friday, the strong US labour report
underpinned with the DXY closing around the 94.45/50 area. Consolidation largely
remained the theme through Asia to keep the recent uptrend intact, with
near-term resistance seen at 96.59/73 from the 50%/61.8% retracement of
97.20-95.98. Bulls look to reclaim the 97.00 level before re-testing the ytd
highs at 97.20. The US 10y is re-establishing its move with the USD to briefly
trade above 3.20%, while gold has settled toward the lower end of its $5 Asia
range, last $1231.40. ISM Non-mfg provides the main data highlight today at
1500GMT (Prior 61.6). Larger option-expiries of note - EURUSD
$1.1400-05(E1.58bn).
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