US FX WRAP: Dollar mixed vs. peers as Aussie gains and Swissy lags

The Dollar broadly gained vs. G10 peers on Monday, although the Antipodeans saw strength, with the Aussie particularly outperforming. The AUD was supported amid a broad bid in Chinese assets during APAC, where China is expected to decide on additional stimulus measures at the Politburo meeting this month. Back to the Greenback, there was no data or Fed speak, given the latter are on blackout, with a pretty quiet week in terms of scheduled risk events (ex-earnings), ahead of FOMC and PCE next week.CHF, CAD, EUR, GBP, and JPY all saw losses to differing degrees, as the former two lagged, albeit on no headline driven newsflow, while the Pound watchers awaited Burnham being sworn in as PM. Since then, he has confirmed his Cabinet, with Healey appointed Chancellor in a surprising move. Elsewhere, cooler-than-expected Canadian inflation metrics saw marginal selling in the Loonie. All in all, currency-specific newsflow was light to start the week, as participants await continued updates between Iran and US, as the Middle Eastern war seems to be ever-escalating further. In the week ahead, highlights include UK jobs (Tues), UK inflation (Wed), Aussie jobs, ECB (Thurs), Japanese inflation and Global PMIs (Fri).