A bit of USD weakness creeps in
The big story today is cable as it slumped on Barnier's weekend comments, dismissing May's ideas about the post-Brexit relationship.
Technically, the drop held ahead of last Wednesday's low of 1.2846. That was when Barnier said the EU would propose a deal better than the EU had ever offered before. At this point, the market wants to see some of the details.
With heavy negotiations set to continue at least until November, the headline risk in anything GBP related is going to be high.
Also in sterling, Mark Carney testifies on the August inflation report and MPC decision. He has a habit of dropping hawkish, or at least optimistic, hints when he's grilled on the economy.