[MARKET ANALYSIS] DXY slightly eased back after yesterday's gains, while attention turns to incoming data including the Fed's preferred inflation metric

DXY: -0.1%

• Slightly eased back after gaining yesterday alongside equity volatility, with price action contained amid light geopolitical developments and as participants look ahead to incoming data, including final Q1 GDP and the Fed's preferred inflation gauge.

EUR/USD: Flat

• Gets some slight respite after steadily retreating to a one-year low beneath the 1.1400 handle.

GBP/USD: +0.1%

• Attempts to nurse some of its losses after declining to sub-1.3200 territory, but with the rebound contained amid quiet pertinent newsflow and a lack of data for the UK.

USD/JPY: Flat

• Continues to linger at the 161.00 territory, with only brief headwinds seen following hawkish comments from BoJ's Tamura, who called for further hikes and had opposed pausing tapering at last week's BoJ meeting.

Antipodeans: AUD/USD -0.1% / NZD/USD -0.1%

• Remained lacklustre following recent declines in commodities and amid the mixed risk appetite, while better-than-expected headline employment change for Australia failed to spur any meaningful reaction.