Session Recap: USD pulls back; nothing changed

FXStreet (Córdoba) - The US dollar fell slightly across the board on Monday on a low volume session, making a correction after rising in the previous two trading days. Activity in the currency market remained quiet amid a holiday in the US. Nothing really changed from last Friday.

The EUR/USD consolidated a 20-pip gain during the US session and finished at 1.3645 while the GBP/USD closed at 1.6845. The USD/CHF pulled back from 0.8965 and found support at 0.8940.

Commodity currencies posted marginal gains versus Greenback. The Canadian dollar was the performer pushing the USD/CAD back below 1.0860. The AUD/USD ended at 0.9240 after finding resistance at 0.9250. The NZD/USD recovered from 3-week lows and closed at 0.8550.

The Yen sleep all day affected by low volume. The USD/JPY moved in a range of 10 pips during the American session, below 102.00 and above 101.85.

Main headlines in the American session

GBP/USD neutral stance vulnerable to downside

GBP/JPY steady above 171.50

AUD/USD setting up to test bulls comitment

NZD/USD recovers from 3-week lows

GBP/USD; Can we overcome 1.70 handle?

USD/CHF falls to 0.8940

AUD/USD limited by 0.9250