The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as a Japanese holiday reduced liquidity and made China's very lackluster weekend stimulus measures the center of attention for the market.
China's finance ministry flagged more fiscal stimulus over the weekend but left out key details on the overall size of the package. Meanwhile, China's consumer inflation unexpectedly eased in September, while producer price deflation deepened, raising concerns about weak domestic demand.
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