Session Recap: Dollar firms up across the board

FXstreet.com (Córdoba) - The USD traded firmer across the board on Monday, extending its recent correction from multi-week lows.

EUR/USD retreated further during the European session and dropped below the 1.3300 mark to a 5-day low 1.3286. GBP/USD also pulled back from above 1.5500 to a low of 1.5465 where it found support at the 100-hour SMA.

The yen fell to day lows against the dollar and euro after some choppy trade following Japan's disappointing second-quarter GDP. USD/JPY has spent the last hours in consolidation around 96.70.

Elsewhere, the CAD and the AUD surrendered ground against the USD too, with USD/CAD back above 1.0300 and AUD/USD below 0.9200.

Main Headlines in Europe:

Focal points for this week – data points and technical themes

September taper odds up big – a fact reflected in DXY strength Friday till now

Flash: What’s the sentiment around the EUR/USD today? – Commerzbank and UBS

Switzerland: Real Retail Sales rise 2.3% in June

Greece: GDP declines by 4.6% in Q2

Improving economic data conditions favouring risk EZ nations

German Finance Ministry denies seeing Bundesbank report on Greek bailout