The US dollar extended its gains on Monday after a strong ISM services PMI report merely contributed to the perception that the Federal Reserve wouldn't rush to ease policy, following Friday’s robust jobs data. The economic calendar will be a bit light this week, but as the markets continue to reprice US interest rates, this should keep the greenback supported on any short-term dips until something changes fundamentally. This week, the EUR/USD is among the major currency pairs to watch. As well as a rising US dollar, the EUR/USD has been held back by consistently weak data from the Eurozone. This time, retail sales ... (full story)