The USD is operated in a mixed fashion on.....>

FOREX: The USD is operated in a mixed fashion on Monday, as the S&P500 moved

back from best levels, which allowed some of the USD's G10 peers to reverse a

degree of their underperformance. Fed's Bostic, Barkin, Evans & Kaplan offered

little new, with a focus on the increasingly touted "symmetric" inflation

target, although this had little follow through in terms of market reaction.

- GBP was resilient, keeping pace with the stronger USD. However, this came

alongside a UK holiday, so flows were a little more limited than usual, while it

is worth noting that GBPUSD closed below the 200-DMA for the first time in over

a year on Friday. EURUSD moved to fresh YtD lows below 1.1900, last 1.1920.

- USDJPY recovered from the Asia session lows & failed to re-test them as 109.00

held for the most part. USDCAD touched session highs of 1.2900 in late dealing,

trading off of oil prices & in effect Iranian nuclear deal chatter, last 1.2885.

AUDUSD had a brief look below 0.7500, last 0.7515. NZDUSD traded in a similar

manner to AUDUSD, as 1.0700 held in AUDNZD. Australian retail sales, RBNZ

inflation exp. survey & China trade data will headline in Asia hours on Tuesday,

ahead of comments from Fed Chair Powell & ECB's Liikanen later in the day.