The US dollar rallied initially during the trading session Monday, but as you can see gave up the gains against the Japanese yen. At this point, we are reaching towards the bottom of the overall range.
The British pound has fallen a bit during the course of the trading session on Monday, to slice through the ¥150 level. This of course is a very negative turn of events.
It’s a particularly quiet day ahead on the economic calendar. There are no material stats to shift market sentiment following Friday’s moves across the majors.