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Swedish PM Andersson: Sweden has formally decided to apply for NATO membership

Swedish PM Magdalena Andersson announced on Monday that the Swedish government has formally decided that it will apply for NATO membership, reported Reuters. Accession to full membership should not take more than a year, she noted. 

EUR/USD to tumble towards parity and even below on a break below 2017 low at 1.0340 – BBH

EUR/USD remains heavy just above 1.04. Economists at BBH expect the pair to break below the January 2017 low near 1.0340 and move towards parity. ECB
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USD/CAD to dodge more severe weakness while above 1.2895/92 – Credit Suisse

USD/CAD declined sharply on Friday. Nevertheless, analysts at Credit Suisse stay bullish and expect 1.2895/92 to hold to avoid deeper weakness. Break
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