The Dollar index lost modest ground in very light trade in N.Y. on Monday. Europe remained on holiday for the Easter break, contributing to the sluggish session. The DXY slipped marginally to 97.27 from 96.36 early in the session. Incoming data was light, and featured March existing home sales, which were softer than expected. EUR-USD topped at 1.1262 from lows of 1.1257, while USD-JPY was sideways between 111.90 and 111.95. USD-CAD fell to 1.3343 lows on trend high oil prices. Cable printed one-month lows of 1.2975.
[EUR, USD]