Trading has been characteristically subdued in the Monday's Asian session. Japanese Yen is have a broad but weak recovery, with no clear indication of a reversal from its recent selloff. Australian and New Zealand Dollars are also mildly firmer, following rebound in Asian stocks. Meanwhile, Swiss Franc and Euro are among the softer currencies, while British Pound and Dollar are mixed.
Pound Sterling remains susceptible to market volatility and geopolitical tensions. Gloomy conditions could weaken GBP, benefiting the Euro, while positive sentiment may bolster it against safer currencies.