The dollar slipped against the euro on Monday, at one point hitting a fresh 9-month low - GEPL Capital
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News / Other data
* Two hacker groups associated with North Korea, the Lazarus Group and APT38, were responsible for the theft last June of $100 million from U.S. crypto firm Harmony's Horizon bridge, the Federal Bureau of Investigation said on Monday.
* Brazil and Argentina are in early talks to establish a shared unit of value for bilateral trade to reduce reliance on the U.S. dollar, Brazilian President Luiz Inacio Lula da Silva said on Monday, though the move is not aimed at replacing existing currencies.
* The dollar slipped against the euro on Monday, at one point hitting a fresh 9-month low, as the common currency found support from European Central Bank officials' comments signalling additional jumbo interest rate rises in Europe.
* Brazil and Argentina sparked some excitement on Sunday over the possibility of a potential "currency union", though the two countries are unlikely to ditch the real or peso any time soon. So what is the plan all about?
* Brazilian President Luiz Inacio Lula da Silva on Monday said Brazil and Argentina are studying the creation of a common currency to be used in trades between the two countries in order to reduce dependence on the U.S. dollar.
* Fed officials are entering the 'quiet period' before their policy meeting on February 1st, but a report in The Wall Street Journal over the weekend strengthened expectations that the next move higher will be a modest 25 basis points, rather than the 50 basis points seen at the last meeting.
Data inference
* No Major Event.
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