Soft US jobs data on Friday pressured the....>

DOLLAR: Soft US jobs data on Friday pressured the DXY to extended react lows of

96.45, before marginally closing above the 200-dma (not closed under since Mar

20). Recovery efforts extended through Asia, underpinned by the Bullish Harami

candle to hold 96.80/85 at the European crossover. Bulls need to clear the

100-dma (97.01) to build on recent momentum, above here opens the 97.35/45 area

which holds a series of previous highs & 50% retracement of 98.37-96.45. Bears

look to clear the 200-dma at 96.54 to extend the downtrend towards the Mar 22

low at 96.21.

- Gold peaked at multi-month highs of $1348.31 on Friday, before a minor

retracement closed around $1340. The downtrend extended through Asia/Europe to

hold at the base of its $14 range, last $1326.30. Near-term support at $1320.05

from the Jun 4 low, below here opens the 38.2% retracement of the June rally at

$1317.01.

- WTI & Brent sit around $0.30 higher than their respective settlement levels.

- Quiet on the US calendar today with main highlight from Jolts data at 1400GMT.