The US dollar succumbed to softness in the session as treasury yields continued to move lower in New York.

Dealing somewhat of a blow to the Chinese yuan regime, and considered a small victory for US lawmakers, the International Monetary Fund announced today that it was to strengthen its exchange rate policy monitoring.

The dollar started to give back some of its gains last Friday when last month’s inflation data failed to support growing speculation of a possible rate hike from the Fed.

Currency technical analyst Jamie Saettele analyzes the euro against the Japanese yen, Swiss franc, and British pound.

The New Zealand dollar has reversed at the 61.8% Fibonacci retracement.

Currency strategist Boris Schlossberg analyzes the major currencies for the week of June 18.

Yen’s weakness was due to the lingering after effects of Governor Fukui's non-committal stance on rate increases on Friday which suggested that the BOJ may hold rates at 50bp all the way through August.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for June 18.

Todd Gordon takes a long look at the dollar over the long term.

Jamie Saettele writes that the breakout in the USD/JPY is significant, and could be headed for 128.00.