The US Dollar (USD) rose to multi-day highs on Monday, propped up almost exclusively by the strong depreciation of the Japanese Yen.
The EUR/GBP cross weakens significantly on Monday, falling to 0.8674, its lowest level in two weeks. The move follows the unexpected announcement that French Prime Minister Sébastien Lecornu has resigned, confirmed by the Élysée just hours after the new government was formed.
Weekend news suggests very little progress towards ending the US government shutdown, which means further delays in government-issued data. This will probably be another abnormal week in FX, with the pause in most data releases meaning an outsized focus on other macro news.