[MARKET ANALYSIS] DXY trades rangebound and holds on to post-NFP spoils

DXY: FlatTrades rangebound overnight in a somewhat choppy fashion, but remains above the 100.00 level after advancing on Friday following the better-than-expected US jobs data, which spurred Fed rate hike bets and saw markets fully price in a 25bps hike by year-end. Nonetheless, President Trump has pushed back against this as he stated that a Fed rate increase would be wrong, while there is little else regarding monetary policy from the Fed, with the blackout period in effect.EUR/USD: +0.1%Gets some slight reprieve after sliding firmly beneath the 1.1600 handle on the US jobs data, while attention this week will be on the ECB meeting on Thursday, where a rate hike is widely anticipated.GBP/USD: FlatRemains lacklustre after recently giving way to the firmer buck and amid quiet UK-specific newsflow.USD/JPY: +0.1%Ekes slight gains with a firmer footing above the 160.00 level amid rising oil prices and a downward revision to Annualised GDP for Q1.Antipodeans: AUD/USD Flat / NZD/USD +0.1%Price action is contained following last week's declines, and with Australian participants away for a holiday.