The Canadian Dollar (CAD) is a little softer on the session, pulled lower by wider US/ Canada short-term spreads. No minor lift from positive risk sentiment for the CAD this morning, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
The Euro (EUR) strengthens against the Swiss Franc (CHF) on Monday, as the Franc weakens broadly after Swiss inflation unexpectedly cooled in October. At the time of writing, EUR/CHF is trading around 0.9298, extending gains for the second consecutive day.
USD/JPY is consolidating yesterday’s sharp gains with the next major resistance offered at 155.00, BBH FX analysts report.