FX Update: The dollar majors have mostly held comfortably within their respective ranges so far today. EUR-USD dipped to the 1.0919, which is about 20 pips down on Friday's closing levels though lacking the impetus for a move on the 28-month at 1.0904. USD-JPY dipped to a low of 107.75 before recouping to near net unchanged levels around 107.95. AUD-USD breached its Friday low in making a nadir at 0.6745, drawing in the four-week low seen last Wednesday at 0.6739. USD-CAD dipped to a low 1.3224 low before returning toward 1.3250, which is a level that the pair has been gravitating around for over a week now. The concurrent bout of Australian dollar weakness and Canadian dollar firmness saw the AUD-CAD carve out a four-week low. The NZ dollar came under pressure following data showing a sharp deterioration in business confidence. NZD-USD came within a pip of the four-year low seen on September 20 at 0.6255. Sterling traded firmer, reversing some of the losses seen last week. Cable printed a high at 1.2330, which is over 50 pips up on Friday's lows. Opposition parties, led by Scotland's SNP, are looking to stage a confidence motion as soon as this week to take down Boris Johnson's government, concerned that he might on a technicality disregard the new law aimed at preventing a no-deal Brexit on October 31 in the event that a deal has been achieved.