[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.19149 and 1.19382.

- Support line of 1.18395 and 1.18162.

Commentary/ Reason:

- The euro held firm at $1.1904, after touched a 2-week high earlier today at $1.9058.

- The U.S. dollar depreciated as it is under pressure from Yellen's expected push for fiscal stimulus. The dollar also weakened as the rash of coronavirus restrictions across the U.S. has stoked speculation the Federal Reserve might have to ease monetary policy further.

- EUR/USD also saw some support on news that Germany's Q3 GDP was revised slightly higher to +8.5% from the previous estimate.

- The focus is on the minutes of the U.S. central bank’s last policy meeting, which are due to be released on Wednesday.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91623 and 0.91921.

- Support line of 0.90659 and 0.90361.

Commentary/ Reason:

- The Swiss franc was flat versus the greenback at 0.9108 per dollar.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.34124 and 1.34643.

- Support line of 1.32443 and 1.31923.

Commentary/ Reason:

- The British pound bought $1.3412, close to its highest in more than two months.

- The moves mainly supported by hopes that Britain and the European Union would clinch a Brexit trade deal.

- London and Brussels this week continue their negotiations to agree a deal on their future trading relationship, though time is now running very short as Britain’s post-Brexit transition period ends in fewer than six weeks. The three main sticking points in the Brexit talks remain fish stocks, economic fair play for companies including state aid, and ways to settle trade disputes.

- The move also supported as Britain announced that they could give regulatory approval to Pfizer-BioNTech's COVID-19 vaccine this week, even before the US authorises it. The US Food and Drug Administration said on Friday that it would meet on Dec 10 to discuss whether to authorise the vaccine.