A couple of releases to move things along in European trading today

<p>The dollar is trading more mixed on the day as markets are still trying to find its footing amid the Israel-Hamas conflict. The flight to safety on Friday has not been completely unwound in most parts, outside of a strong rally in equities yesterday and a climb higher in Treasury yields.</p><p>It is mainly in the commodities space that things are still left wanting, with gold still keeping above $1,900 and WTI crude holding above $86 so far this week. That will be two interesting spots to watch especially with gold, as yields are ticking higher and the dollar continuing to hold steadier for the most part.</p><p>The greenback continues to sit in a firm spot as EUR/USD is hovering around 1.0540 levels for now, as sellers maintain a hold at the 23.6 Fib retracement level at 1.0643. Meanwhile, USD/JPY is also holding around 149.50 as buyers are staying poised to try and retest 150.00 – where Tokyo last intervened.</p><p>The US retail sales data today will be one to watch for any potential trigger in that sense. As for European trading, there will be a couple of releases to move things along but nothing that should be too impactful for broader market sentiment. The pound will be a focus point with wages data coming up though.</p><p>0600 GMT – UK September payrolls change0600 GMT – UK August average weekly earnings0900 GMT – Germany October ZEW survey current conditions, outlook</p><p>That's all for the session ahead. I wish you all the best of days to come and good luck with your trading! Stay safe out there.</p>

This article was written by Justin Low at www.forexlive.com.