[MARKET ANALYSIS] DXY benefitted as oil and yields gained, while sentiment also waned

DXY: +0.2%

• Dollar mildly strengthened as risk sentiment waned overnight alongside higher oil prices and yields, while there were several comments from US President Trump in a Fox News interview in which he stated that he is not going to be much more patient on Iran and suggested they could bomb it again, but he would rather get it regarding Iran's enriched uranium.

EUR/USD: -0.1%

• Languishes beneath the 1.1700 handle after recent declines and with little fresh catalysts from the bloc

GBP/USD: -0.2%

• Remains subdued after underperforming yesterday despite better-than-expected GDP data, with the pound weighed on by UK political turmoil surrounding PM Starmer after potential leadership challenger, Streeting, resigned from his post as Health Secretary, while Manchester Mayor Burnham will be requesting to stand in the Makerfield by-election after MP Josh Simons confirmed to step down.

USD/JPY: +0.1%

• Gradually extended its footing at the 158.00 territory amid a firmer buck and higher oil prices, but with upside capped after an acceleration in Japanese PPI data.

Antipodeans: AUD/USD -0.4% / NZD/USD -0.4%

• Resumed the prior day's retreat amid headwinds from the decline in metal prices and as risk sentiment waned.