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The Greenback softened on Monday, with the....>

FOREX
FOREX: The Greenback softened on Monday, with the DXY moving back below 90.00 &
USDJPY last trading 106.30.
- GBP received a boost after headlines from UK's Junior Brexit Minister stated
that the UK is "very close" on an implementation period deal with the EU,
although reports since then point to concessions from Downing St. GBPUSD last
trades at ~1.3910, with EURGBP last at ~0.8870.
- USDCHF consolidated below 0.9500.
- AUDUSD continued to benefit from US tariff exemptions although a softer metals
backdrop capped gains.
- NZDUSD was more hesitant to move back to best levels, last trading around
0.7300.
- USDCAD couldn't breach 1.2800, and moved higher in NY hours.
- The key economic release over the next 24 hours will be the US CPI print.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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