The Dollar was rangebound in N.Y. trade on Monday, leaving the DXY between 97.88 and 97.98 through the session. There was no data to drive the market, though bouts of safe-haven USD buying were noted, as the risk backdrop remained sour following U.S. restrictions on China’s Huawei. EUR-USD hit two-week lows of 1.1151 ahead of the open, later topping at 1.1174. USD-JPY bottomed at 109.81, later rallying to 110.06 as Wall Street pared losses. USD-CAD was range bound through the session, while Cable gave back London gains, settling under 1.2750.
[EUR, USD]