EUR/GBP has extended its decline, with a clear pattern of lower highs and lows reinforcing the corrective trend. While a short-term bounce is possible, a break below the 200-DMA at 0.8630 could open the door to deeper losses, Société Générale's FX analysts note.
The Japanese Yen (JPY) drifts lower against a broadly firmer US Dollar (USD) for the fourth straight day and slides to a nearly two-week low during the Asian session on Monday.
The AUD/USD price attracts some sellers near 0.6685 during the early Asian session on Monday. A fresh surge in geopolitical risk after the United States (US) capture of Venezuelan President Nicolas Maduro boosts safe-haven currencies like the US Dollar (USD) against the Australian Dollar (AUD).