While we await US CPI data as a key event this week, analysts at Scotiabank noted the key themes across the FX space. Key Quotes: “The GBP’s slide on domestic political concerns yesterday provided a bit of a lifeline for the broadly softer USD.” “The big dollar reversed broadly and is trading higher again versus its G-10 peers this morning. Movement is fairly limited, however, and broadly positive risk sentiment””equities are mainly higher and major bond markets are modestly softer””amid calming (for now, at least) trade fears are weighing on the JPY (under-performing broadly again).” “The GBP, for its part, is more or less stable versus the USD and therefore a modest out-performer despite mixed data reports from the UK earlier.” “The CNY eased modestly, reflecting softness in the Asian FX space generally, while the MXN is trading flat on the day after the USD rebounded from the 200-day MA (19.05).” “We remain a bit more circumspect on the broader outlook for the USD from here, with good news largely priced in and firmer economic data emerging from Europe generally bolstering expectations that other central banks will be adjusting policy in the coming months.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD Technical Analysis: Symmetrical Triangle, with support above 1.3240 FX Street 4 years While we await US CPI data as a key event this week, analysts at Scotiabank noted the key themes across the FX space. Key Quotes: "The GBP's slide on domestic political concerns yesterday provided a bit of a lifeline for the broadly softer USD." "The big dollar reversed broadly and is trading higher again versus its G-10 peers this morning. Movement is fairly limited, however, and broadly positive risk sentiment"”equities are mainly higher and major bond markets are modestly softer"”amid calming (for now, at least) trade fears are weighing on the JPY (under-performing broadly again)." "The GBP, for its part,… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.