[MARKET ANALYSIS] DXY takes a breather after four days of gains, while USD/JPY mildly pulls back after Japan's FinMin noted Trump expressed concern about yen weakness

DXY: Flat Takes a breather after notching four consecutive days of gains alongside continued inflation concerns and following the recent advances in US yields and oil prices, with money markets now fully pricing in three rate hikes over the next year. EUR/USD: Flat Trades relatively sideways after the prior day's failed attempt to reclaim the 1.1400 handle, while there was little reaction to the latest ECB headlines and rhetoric. GBP/USD: +0.1% Ekes slight gains but remains firmly beneath the 1.3300 handle following this week's slide, while the data calendar remains light for the UK, although BoE Governor Bailey is scheduled to speak later. USD/JPY: -0.2% Mildly pulled back overnight following comments from Japanese Finance Minister Katayama, who stated that US President Trump voiced concerns about yen weakness at the summit, and that Japan will closely coordinate with the US on foreign exchange. Antipodeans: AUD/USD Flat / NZD/USD Flat Lacks direction amid the mixed risk appetite and absence of any pertinent data.