ForexLive European FX news wrap: Dollar gains as risk appetite gets sapped again ...Middle East

Headlines:USD/JPY stays underpinned by higher bond yields so far on the weekRisk trades getting squeezed once again ahead of US tradingGold off to a poor start in January trading this yearGermany December unemployment change 5k vs 20k expectedSwitzerland December manufacturing PMI 43.0 vs 42.1 priorUS MBA mortgage applications w.e. 29 December -10.7% vs -1.5% priorChina allegedly tries to keep it hush on growing demographic worriesMarkets:GBP leads, JPY lags on the dayEuropean equities lower; S&P 500 futures down 0.4%US 10-year yields up 2.3 bps to 3.972%Gold down 0.7% to $2,045.48WTI crude up 0.7% to $70.85Bitcoin down 5.8% to $42,555The session started off quietly before traders resumed th

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