The US dollar is mixed against the major currencies, and while it is firmer against the euro and yen, it is within last week's ranges. The success of Macron's new party in France, and the majority is secured, was well anticipated by investors and is having little effect on today's activity in the capital markets. The start of Brexit talks also is spurring little response in the market. Sterling is steady to a little firmer and holding below last week's high just shy of $1.2820, though a more important barrier is seen near $1.2850, where the 20-day moving average and a retracement objective converge. Steps were taken ... (full story)