The Dollar traded lower in N.Y. on Monday, taking the DXY to two-plus month lows of 95.64. A softer than expected services ISM had little impact. Wall Street was higher on hopes for trade progress between the U.S. and China. EUR-USD ranged between 1.1439 and 1.1486, while USD-JPY peaked at 108.68, bucking the trend, as risk-on conditions prevailed. USD-CAD slid again on firmer oil, and a generally softer Greenback. Cable meanwhile, was sideways over 1.2750.
[EUR, USD]