Dollar braces for US inflation data and several Fed speakers
Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing's latest underwhelming stimulus package.
Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four months in October while producer price deflation deepened.
Reports on retail sales and industrial output due Friday should show whether Beijing's various attempts at stimulus are having any real effect on demand.
Disappointment at the latest package had seen the Australian and New Zealand dollars slide on Friday as both countries are major exporters to China.
The dollar stood at 7.1970 yuan, having jumped 0.7% on Friday, and looks set to again test the 7.2000 barrier.
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