Markets have started Tuesday on a cautious footing as investors continue to assess last week's weaker than expected US jobs report, which has reduced expectations for further Federal Reserve rate hikes this year.
The Japanese Yen remains firmly in focus, hovering near a 40 year low against the US Dollar and its weakest level against Sterling since 2007.
Investors remain wary of possible intervention from Japanese authorities, after speculation increased last week that Tokyo could step in to support the currency. While the Yen found some support towards the end of last week, no official action has been taken so far, leaving investors on alert for any shift in Japan's strategy.
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