The dollar sits marginally firmer across.....>

DOLLAR: The dollar sits marginally firmer across the board at the European

crossover. The follow through from Friday's strong ISM mfg release boosted

USDJPY to Y109.83 and seen approaching the Y110 level which has been hard to

overcome in recent sessions. The DXY closed above the 200-dma (95.33) on Friday

and holds toward the upper end of its 95.57-74 Asia range. Topside focus remains

on a break of 96.06/16 which represents the 38.2% retracement of 97.71-95.02 &

100-dma, above here opens a run at the Jan 24 high & 61.8% fibo at 96.57/58.

Gold extended its corrective pullback off the Jan 31 high ($1326.33) to

$1311.95, before basing. The Jan 28 low & 21-dma provide downside support at

$1297.71/1295.97. Oil futures settled in the middle of tight overnight ranges

with volumes seen light due to the Lunar New Year holidays. In the US, Factory

Orders is the main highlight today at 1500GMT (Prior -2.1&, exp 0.3%).