USD has added small gains so far in Monday’s Asia session

News

The US dollar is a touch higher almost across the board of major FX.

News flow has been light, US Fed head Powell comments from a US TV interview were reported:

I’m assessing Powell’s comments and fairly upbeat but of course he won’t go hiking rates any time soon (see this posts for more details).

Other news of note:

On the data front about the only item of interest has been out of Japan, PPI recording its first gain for over a year (y/y)

Chinese shares are down a touch, Shanghai Comp down about half a percent. Alibaba shares have rallied with a key investor concern resolved over the weekend:

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