Greenback sinks on woeful Consumer............>

FOREX: Greenback sinks on woeful Consumer Confidence, impeachment chatter

-The USD was comfortably the poorest performer in G10, with the greenback edging

lower alongside both equities and Treasury yields as the curve flattened. The

currency came under pressure from several angles, with dour data, a particularly

combative UN speech from POTUS, rising impeachment odds and fear of large fines

aimed at some of the US' biggest companies all shouldering some of the blame.

-In reality, the greenback move failed to move the needle among most major pairs

with the exception of USD/JPY, which broke to two week lows and found little

support until the 50-dma at Y107.08.

- Elsewhere, UK PM Johnson refused to resign despite the UK's highest court

deeming his suspension of Parliament as unlawful - resulting in some modest GBP

support.

-The data calendar remains very quiet, with just US new home sales on the docket

for Wednesday. The speaker slate provides a little more excitement with BoJ

minutes, BoJ's Masai, BoE's Carney, ECB's Coeure & Lautenschlaeger and Fed's

Evans, George & Brainard all due.