The Dollar weakened some in morning N.Y.. trade on Monday, seeing the DXY dip to 92.88 from pre-opening levels of 93.19. There was no data to drive the FX market, though it appeared risk-on conditions for a time at least prompted some safe-haven USD selling. Wall Street rallied sharply, as vaccine hopes and new tech deals supported. Pfizer CEO said there is a “good chance” the company will know if its vaccine works by the end of October. NVIDIA said it would buy Arm Holding from SoftBank for $40 bln, while Oracle looks set to take over TikTok.
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