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ECB's Draghi: Interest rates have to be low for growth to recover

ECB President Mario Draghi is crossing the wires from Lisbon, via LiveSquawk, arguing that interest rates have to be low for the growth to recover and savers would see a return on their savings in due time.

USD/JPY holds on to daily gains near mid-111s

Although the USD/JPY pair dropped sharply in the early NA session on dismal macro data from the United States, it was able to find support at 111.35.
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USD/MXN drops to 1-year lows under 17.90

Emerging market currencies are up against the US dollar on Monday. Among them, is the Mexican peso that reached the highest level since May 2016...
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