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France ILO Unemployment came in at 7.9%, above forecasts (7.8%) in 4Q

EUR/USD: Upside momentum targets 1.1980 – UOB

UOB analysts Quek Ser Leang and Lee Sue Ann note that EUR/USD’s sharp rally has left the pair overbought intraday, but further gains toward 1.1945 are possible before consolidation.
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DXY: Softer tone as data risk builds – Scotiabank

Scotiabank analysts Shaun Osborne and Eric Theoret note the Dollar is starting the week on the back foot after a weak close on Friday, with DXY slipping further as CHF, EUR and Japanese Yen lead gains.
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