[MARKET ANALYSIS] DXY is little changed in quiet FX trade, while NZD outperforms on firmer-than-expected CPI data

DXY: FlatTrades little changed overnight after the greenback predominantly gained against G10 peers, with price action contained given the lack of data or Fed speak, with the latter on a blackout, while it is a relatively quiet week in terms of scheduled risk events (ex-earnings), ahead of the FOMC and PCE next week. Nonetheless, trade frictions were stoked after the US announced it would impose an additional 50% tariff on certain products of Canada.EUR/USD: FlatLingers near the prior day's trough after giving way to the firmer buck and with very few pertinent catalysts for the single currency.GBP/USD: +0.1%Attempts to nurse some losses after ultimately failing to benefit from the change of leadership in the UK, in which Andy Burnham took over as PM and named members of his cabinet, including John Healey as Chancellor, while participants look ahead to employment and average earnings data.USD/JPY: FlatTrades sideways after its recent choppy performance and amid a lack of data, with the pair confined within the 162.00 handle.Antipodeans: AUD/USD +0.2% / NZD/USD %Holds on to the spoils of the prior day's outperformance, with NZD/USD the biggest gainer overnight after firmer-than-expected New Zealand CPI data.