It was a limited session for the majors.......>

FOREX: It was a limited session for the majors. The NZD made fresh session lows

on the back of ANZ "no longer forecasting that the next move in the (RBNZ's) OCR

will be up." i.e. suggesting that it will be on hold for the foreseeable, while

the AUD ignored political uncertainty surrounding PM Turnbull.

- Cable stuck to a narrow range and last trades unch. at ~$1.2750. Weekend news

flow re: Brexit has done little for the pair in early dealing, with Brexiteers

Rees-Mogg & Farage continuing pushing to push for a harder Brexit, while the

Telegraph reported that Britain will recognise some EU regulations in the event

of a no-deal Brexit to ensure that the country does not grind to a halt. Over

the weekend UK Brexit Sec. Raab said that securing a deal was still "the most

likely outcome" - while noting that making alternative arrangements was the

"responsible" thing to do.

- USD/TRY moved back above TRY6.00 on WSJ reports that "the Trump admin has

rejected an effort by Turkey to tie the release of a U.S. pastor with relief for

a major Turkish bank facing billions of $'s in U.S. fines."

- Fed's Bostic & BoC Deputy Gov. Wilkins headline on Monday.