GBP/EUR: Pound Resilient After May's Crushing Brexit Defeat
  • EUR/USD spiked lower to 1.1785 before rebound.
  • US Dollar pares losses from Friday.
  • ECB-speeches in focus

hit intraday lows below 1.1790/85 before rebounding. The pair currently trades steady at 1.18

EUR/USD:ECB-speakers & EU Summit under the spotlight

EUR/USD pares earlier losses and holds 1.18 amid a firmer dollar as the US session begins

The US Dollar Index is finding its feet again after Friday’s selloff – .

A lack of progress in US Congressional fiscal stimulus talks is lifting the US Dollar. .

ECB’s Lagarde comment on monetary policy, focusing instead on the idea and outlook of a digital euro. ECB Board members Luis De Guindos, Fabio Panetta and Isabel Schnabel are also expected to speak.