The US dollar nudged lower, pulling back from six-month peaks against the yen, following news of a U.S. debt ceiling deal, which lifted risk appetite across world markets and dented the greenback's safe-haven appeal. What does that signal?

The Nikkei, meanwhile, closed at a fresh 33-year high on Monday. How has the Japanese yen reacted to this?

Hongbin Jeong speaks to Peter Chia, Senior FX Strategist at UOB, to find out more.

Highlights: 
01:06 - US dollar nudges lower after tentative deal - what does that signal?
03:07 - Will a weaker dollar tip some emerging economies into debt or political crises?
03:59 - Could dollar instability also benefit rivals such as China?
05:14 - How has the Japanese yen reacted to the Nikkei hitting fresh 33-year high?
07:04 - Will the nature of the debt ceiling deal that’s expected to be signed on Wednesday impact Forex markets?