The dollar is weaker to begin the new week as traders review further trade pressures following the headlines/tweets on tariffs a week ago. There’s been worry that trade tensions will result in the US economy slowing down and that could goad the Fed to cut rates, something markets are weighing up the present moment.
Movement between major currencies themselves are still humble with minimal clear course. In general, overall mood stays more cautious to begin the day. Notwithstanding, the bond market stays steady with Treasuries minimal changed on the day.
Looking forward, I figure the attention will stay on risk sentiment and the bond market will offer the most clear sign of how things will act next. I would expect the yen strength to hold up as markets stay a little tense.