With a vast majority of the world’s markets taking an extra day to recovery from the New Year festivities, FX price action was subdued. USD was broadly offered across G10 and EM was Asian equities firmed. USDJPY continued to sell-off trading down to 76.77 from 76.97. Oil has come back into focus as Iran has issued some hawkish comment pre-European open. Reuters citing Fars News Agency has the…