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AUDUSD TECHS

Bullish Price Sequence

EURJPY TECHS

Corrective Pullback

US EURODLR OPTIONS

Light Upside Call Spds

USDJPY TECHS

Dips Considered Corrective

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Market holidays in China, Japan and South Korea are expected to keep liquidity in the region thin, the data docket is virtually empty for the rest of the Asia-Pac session. The greenback is higher in early Asia-Pac trade, extending gains from Friday while news flow has been light with major pairs trading in tight ranges early on.

  • NZD is bottom of the G10 pile so far, data earlier showed Performance of Services Index slipped to 35.6 in Aug from a revised 55.9 in July.
  • Market focus will be firmly on the FOMC decision/statement on Wednesday this week. Other notable central bank meetings include the Bank of Japan, Swiss National Bank and the Bank of England.