USD is continuing its climb in Asian Monday morning trade

Blockbuster CPI figures from the US on Friday:

• Forexlive Americas FX news wrap: Another hot inflation report sends the dollar soaring

And maybe 9% inflation is not too far away:

• El-Erian on US CPI inflation says "we may well get to 9%"

The FOMC meet this week, is a 75bp rate hike on the cards?

• Its FOMC world series of poker week. Three of a kind (3*25=75bp) beats a pair (2*25=50bp).

Asia is taking the USD higher. USD/JPY is now above 134.80. EUR/USD is back under 1.0500.

Its not looking too quiet heading towards the FOMC on Wednesday!