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The dollar was broadly unchanged in early.....>

FOREX
FOREX: The dollar was broadly unchanged in early Asia, with one or two notable
exceptions. Kiwi-dollar continued to trade defensive on policy concerns from New
Zealand's new government. Over the weekend, NZ's Finance minister warned,
reforming RBNZ's policy mandate could potentially lower interest rates. Tensions
in Catalonia eased over the weekend and as PM Rajoy continued to have full
support of parliament, the euro squeezed higher throughout the morning session.
Euro-dollar recovered off early pullback lows of $1.1602 to $1.1641. Traders
note offers are placed through $1.1640/50, stops behind on a break of $1.1660
(pivot point). Cable tracked euro-dollar with a sharp move from $1.3127 to
$1.3169. Soft UST yields saw dollar-yen ease throughout the session from Y113.76
to Y113.54. Aussie-dollar could only manage a narrow 23 pip range, gains
extended to $0.7688 before fading. Key Central bank release this week starts
with the BOJ on Tuesday, no changes expected. FOMC statement on Wednesday, BOE
rate decision on Thursday, followed by the US jobs report on Friday.

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