ForexLive European FX news wrap: Dollar mixed to start the week

Headlines:

Markets:

EUR leads, NZD lags on the dayEuropean equities mixed; S&P 500 futures flatUS 10-year yields up 3.3 bps to 4.246%Gold down 0.5% to $2,319.92WTI crude up 0.2% to $78.64Bitcoin up 0.1% to $65,800

It was a slower session overall as markets are settling down after the hustle and bustle last week.

Things should pick up later in the week amid some key central bank meetings but for today, we’re off to a slower one. The dollar is trading mixed with little to work with overall. EUR/USD is up 0.1% to 1.0713, after having started the session near 1.0700. Meanwhile, USD/JPY is up 0.3% to 157.78 as yields bounce back a little on the day.

Besides that, USD/CHF is up 0.2% to 0.8920 while AUD/USD is down 0.3% to 0.6595. That reflects some mixed flows overall, with little clear direction in major currencies.

Elsewhere, equities are a little more sluggish as well with European indices erasing early gains at the open. Political worries continue to plague the region and the mood music is not helped by flattish sentiment seen in US futures.

In the commodities space, precious metals are lower with gold down to just below $2,320 and silver down by 1% to $29.25 on the day. The push and pull there continues, as traders look to more US data later this week and major central bank decisions for more clues.