The GBP/USD pair struggles to capitalize on a two-day-old recovery move from the 1.2975 area, or a nearly two-month trough touched last Thursday and kicks off the new week on a softer note.

The NZD/USD pair trades in positive territory near 0.6075 during the early Asian session on Monday.

The Australian Dollar (AUD) extended its winning streak against the US Dollar (USD) for the third consecutive session on Monday.

The GBP/USD pair struggles to capitalize on modest recovery gains registered over the past two days and oscillates in a narrow range, around the 1.3050-1.3045 region during the Asian session on Monday.

USD/CAD continues to gain ground as the Canadian Dollar (CAD) receives downward pressure ahead of the Bank of Canada (BoC) interest rate decision scheduled for Wednesday.

The Pound Sterling (GBP) fell for the third consecutive week against the US Dollar (USD), as the GBP/USD pair tested levels below the 1.3000 round level for the first time since mid-August before staging a late recovery.

The Indian Rupee (INR) recovers on Monday amid the decline in crude oil prices and softer US Dollar (USD).

Gold price (XAU/USD) builds on Friday's breakout momentum above the $2,700 mark and gains some follow-through traction for the fifth successive day at the start of a new week.

The AUD/USD pair extends its recovery to near 0.6715 during the early Asian session on Monday.

(Bloomberg) — The European Central Bank reduced interest rates for the third time this year as a hastier retreat in inflation allows policymakers to offer support to the region’s stuttering economy.