In Asian trading, the euro edged lower against the US Dollar, trading above the 1.0800 mark.
EUR/USD incheed lower during the Asian session on Monday. The chart shows that the pair has breached the descending channel pattern, but if it re-enters, it could reinforce a bearish bias for the pair. In the Eurozone, German PPI data (-0.8% expected) for September will be posted (07:00 GMT+1). In the United States, Fed Members Daly and Kashkari will speak (18:00 and 23:40 respectively).