The Dollar was somewhat softer in N.Y. on Monday, seeing the DXY pullback to 96.99 lows from 97.20. Activity was fairly light overall, with risk taking levels a bit under water through the day. Factory orders were in-line with expectations, and had little impact on the USD. EUR-USD rallied to 1.1274 from 1.1245, while USD-JPY bottomed at 111.29 before later peeking above 111.50. USD-CAD fell as WTI crude traded over $64.00. Cable touched 1.3035 lows, later peaking over 1.3065.
[EUR, USD]