Gold sank like a stone at 9 a.m. in London after a huge spike in volume in New York futures that traders said was probably the result of a "fat finger," or erroneous order.
The dollar gave back some ground versus major rivals after weaker-than-expected data on orders for big-ticket items.
LONDON (Reuters) - Sterling gained 0.1-0.2 percent against the dollar and euro on Monday as Prime Minister Theresa May struck a deal to prop up her minority government, peeling away one layer of uncertainty for Britain as its negotiates its exit from the European Union.
Shares rose in Europe on Monday, with Italian banks gaining after a deal to wind up two failed lenders, while the dollar and U.S. bond yields held close to recent lows as subdued inflation raised questions over the outlook for monetary policy.
The naira closed last week while maintaining its stability in the Foreign Exchange market at an average of N365/$1 in the Bureau de Change segment of the market on Friday.
Next trading day's important events
- 00:45 (GMT 3) NZ - Trade Balance (YoY) (May)
- 16:00 (GMT 3) USA - S&P/Case-Shiller Home Price Indices (YoY) (Apr)
- USDJPY: 111.50
- EURUSD: 1.1206
- S&P 500: 2448.89
- NASDAQ: 6292.16