FOREX: The US dollar suffered modest losses vs the euro and the yen in the US session on Friday, the greenback undone by slightly weaker than expected US first quarter growth data.

FOREX: The US dollar suffered modest losses vs the euro and the

yen in the US session on Friday, the greenback undone by slightly

weaker than expected US first quarter growth data. This morning

in Asia, the dollar has been shuffling in narrow ranges so far

with holidays in some key markets today, including Japana and

China, while markets n Singapore and Hong Kong will be closed

tomorrow, keeping market interest at muted levels. Key events

ahead are the RBA rate decision and Chinese PMI data tomorrow.

Dollar-yen is now at Y80.36 against Y80.40 late Friday in the US

while euro-yen is at Y106.39 vs Y106.57. Euro-dollar is at

$1.3240 compared with $1.3258 late Friday, aussie-dollar is at

$1.0457 from $1.0471.