A real Monday summer lull and colourless trade in the currency markets, with the DXY going nowhere fast or far from the 93.000 handle that has been keeping the index and Greenback in general tethered for a while. The US financial deadlock continues and even the fiercely awaited showdown with China to assess progress towards the Phase 1 trade pact was postponed for another day, so the weekend has passed by without any real meaningful event. Moreover, today’s agenda is hardly that promising in terms of potential catalysts to prompt some price action or movement, as the European calendar is bare beyond weekly ECB QE tallies and the US docket only comprises NY Fed manufacturing and NAHB surveys. Back to the DXY, 93.124-92.887 covers the range and the base is just shy of last week’s low as a reference point.