[MARKET ANALYSIS] DXY steadies following Friday's decline; JPY unreactive to Ueda commentary, AUD overlooks Chinese activity data

DXY: Flat DXY is little changed after Friday's losses, with the Buck finding some respite following recent selling, potentially also amid the protest-related EUR losses. However, the recent pullback in Treasury yields and Trump's efforts to ease energy supply pressures through Russian sanctions relief have kept the upside contained, with DXY holding around the 101.80 level within Friday's 101.57-102.09 range. EUR/USD: -0.1% EUR/USD is marginally softer as the Dollar steadies, with the pair confined to a 1.1181-1.1232 range. The Single Currency is also facing headwinds from the ongoing political and social unrest in France and other major European cities over the weekend. GBP/USD: Flat GBP/USD is little changed and holds on to most of Friday's gains, with price action contained within a 1.3309-1.3339 range. Sterling-specific catalysts remain light as participants await UK inflation data later this week, while fiscal developments remain in view ahead of Chancellor Healey's Budget. GBP could also be seeing some support from EUR losses as EUR/GBP tested 0.8400 to the downside. USD/JPY: -0.1% USD/JPY is mildly softer amid the weakness in Japanese equities and recent BoJ commentary. Governor Ueda reiterated that Japan is experiencing a positive wage-price cycle and stressed the importance of anchoring inflation near 2%, while the IMF recently suggested the BoJ may need to tighten more quickly if inflation exceeds forecasts. The pair has moved within a 157.70-158.02 range, well within Friday's parameters. Antipodeans: Mixed AUD and NZD are mixed, with weakness in Japanese and Korean equities partly offset by the recovery in US futures. Australian-specific newsflow included RBA's Kent suggesting that neutral rates are rising, while New Zealand's September trade deficit widened to NZD 1.97bln (exp. 0.78bln deficit). Meanwhile, China's Q3 GDP and September activity data topped expectations but failed to spur any notable reaction in the Aussie.