[MARKET ANALYSIS] DXY marginally softens in rangebound trade, while AUD outperforms on strong jobs data

DXY: -0.1%Marginally softened against most major peers in rangebound trade following a quiet US data calendar so far this week and the absence of Fedspeak due to the blackout, keeping the Middle East conflict as the main focus, although it was reported that some Trump admin officials and allies had privately discussed if an external review of the 2023 failure of Silicon Valley Bank could provide a legal basis to remove Fed's Barr.EUR/USD: +0.2%Climbed higher with the single currency mildly strengthening heading into the ECB meeting later today, where the central bank is expected to stand pat, but could provide hawkish hints of a September hike.GBP/USD: +0.1%Ekes slight gains but with upside capped following yesterday's choppy performance and muted reaction to the recent mixed UK inflation report.USD/JPY: FlatTakes a breather and proceeds sideways in Asia trade after whipsawing yesterday through the 163.00 level amid a source report that the BoJ is said to be open to a hike faster than every six months,Antipodeans: AUD/USD +0.4% / NZD/USD +0.1%Remained afloat with AUD/USD the biggest gainer following stronger-than-expected jobs data from Australia, in which headline Employment Change smashed estimates at 76.3k (exp. 15k), and the Unemployment Rate remained at 4.1%, despite higher Participation.