-After proving relatively resilient against...>

FOREX: -After proving relatively resilient against torrid weekend headlines, GBP

succumbed to pressure in the US session as markets continue to kick back on

expectations that the UK and EU will reach an agreement that satisfies all sides

any time soon. GBP/USD confirmed a fall through the $1.3009 50-dma and touched

the lowest levels since October 4th on the move. A late-in-the-day speech from

PM May failed to prop up any confidence and GBP is the worst performer in G10 as

a result.

-Despite recouping much of the politics-inspired losses dealt in the Asia-Pac

session by Europe's mid-morning, AUD/USD resumed the decline into the Monday

close, bringing AUD/USD well within 40 pips of the YTD lows.

-The USD index benefitted from broader sour risk sentiment, bringing the DXY

within 1% of the year's best levels up at 96.984.

-RBA's Debelle and Bullock are due to speak Tuesday, with BoE's Haldane and

Carney, Fed's Kashkari, Bostic and Kaplan also up. Data is light once more, with

just Eurozone Consumer Confidence and US Richmond Fed Manufacturing up Tuesday.