European Central Bank speakers on Monday include Patsalides, Elderson, Buch, McCaul

None of these look very promising for comments pertinent to markets and trades.

Times are in GMT / US Eastern time:

• 0830/0430 ECB Governing Council member and Governor of the Central Bank of Cyprus Christodoulos Patsalides speak at credit risk conference in Nicosia on current challenges in banking sector
• 1230/0830 Keynote speech by ECB Board Member Frank Elderson at high-level conference “10 years of SSM: Looking back and looking forward” organised by European Banking Institute in collaboration with Hessisches Ministerium für Wissenschaft und Kunst
• 1300/0900 Written statement and panel participation by ECB Supervisory Board Chair Claudia Buch at Eurogroup meeting
• 1415/1015 Participation by ECB Board Member Elizabeth McCaul in Panel 2 “Competitiveness of European Banks” at high-level conference “10 years of SSM: Looking back and looking forward” organised by European Banking Institute in collaboration with the Hessisches Min

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EUR/USD update – the US dollar is continuing to lose ground after it gap down this morning:

• USD weaker to open the new forex week – election polls the culprit

This article was written by Eamonn Sheridan at www.forexlive.com.