Yen, Swiss franc rise vs greenback Sterling falls vs dollar,...

• Yen, Swiss franc rise vs greenback
• Sterling falls vs dollar, euro on Brexit uncertainty
• U.S. stimulus talks in right direction, Kudlow says
• Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E

(Adds new comment, updates prices)

The dollar slid against most currencies on Monday in choppy trading, as investors looked past the surge in coronavirus cases and ahead to a possible new COVID-19 U.S. stimulus deal and vaccines to fight the pandemic.

Sterling, meanwhile, slumped after Britain and the European Union said on Monday conditions for a Brexit trade deal were "not there."

White House economic adviser Larry Kudlow on Monday said talks on another round of stimulus funding to deal with the deadly coronavirus pandemic are moving in the right direction, and President Donald Trump's administration and Congress are getting closer to agreement.

The United States has experienced increasing numbers of COVID-19 cases, with a death toll of about 283,000.

Negotiations on a relief deal gathered momentum in the U.S. Congress on Friday, as a bipartisan group of lawmakers worked to put the finishing touches on a $908 billion stimulus plan.

"The market expects a stimulus deal to eventually arrive along with the vaccine and those are seen as putting the U.S. recovery at a faster and more sustainable path," said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington. "That's negative for the dollar."

In addition, the Federal Reserve is expected to make more adjustments to its quantitative easing later this month.

"The question for most is whether this is just the beginning of the U.S. dollar slide and whether the theme has more juice," said Mark McCormick, global head of FX strategy at TD Securities in Toronto.

"The U.S. dollar is likely to slide through the course of 2021. U.S. dollar cycles tend to last six years on average, and this one is just getting started," he added.

The dollar fell 0.2% against the Japanese currency to 104.01 yen JPY=EBS , sliding as well versus the Swiss franc to 0.8904 franc, also down 0.2%.

The greenback also fell against commodity currencies such as the Australian AUD=D3 and New Zealand dollars NZD=D3 as well as the Norwegian crown NOK=D3 .

An index that tracks the dollar against a basket of currencies was little changed at 90.843 =USD , not far from 90.471, its weakest since April 2018.

The British pound came off steep lows and was down 0.4% at $1.3379 GBP=D3 , falling 0.4 as well versus the euro, which last traded up at 90.52 pence EURGBP=D3 .

EU chief Ursula von der Leyen and British Prime Minister Boris Johnson said in a joint statement on Monday that sealing a new trade deal was impossible now "due to remaining differences on critical issues."

But Johnson will go to Brussels in the coming days in an attempt to bridge significant differences in Brexit talks over level playing field, governance and fisheries.

"The market is still betting that at the end of the day, there will be a Brexit deal," said Western Union's Manimbo.

	======================================================== 
	Currency bid prices at 3:19PM (2019 GMT) 

 Description	  RIC		 Last		   U.S. Close  Pct Change	 YTD Pct	 High Bid	Low Bid 
											  Previous				   Change				  
											  Session											
 Dollar index	  =USD	   $90.8340	   90.8300	 +0.02%		 +0.00%	  +91.2410	+90.6120 
 Euro/Dollar	   EUR=EBS	$1.2114		$1.2121	 -0.05%		 +8.06%	  +1.2166	 +1.2079 
 Dollar/Yen		JPY=D3	 104.0150	   104.2050	-0.21%		 -4.26%	  +104.3050   +103.9800 
 Euro/Yen		  EURJPY=	126.01		 126.26	  -0.20%		 +3.33%	  +126.4800   +125.9800 
 Dollar/Swiss	  CHF=EBS	0.8905		 0.8918	  -0.15%		 -7.98%	  +0.8946	 +0.8875 
 Sterling/Dollar   GBP=D3	 1.3378		 1.3431	  -0.38%		 +0.88%	  +1.3436	 +1.3225 
 Dollar/Canadian   CAD=D3	 1.2804		 1.2786	  +0.17%		 -1.41%	  +1.2832	 +1.2765 
 Aussie/Dollar	 AUD=D3	 0.7422		 0.7426	  -0.05%		 +5.78%	  +0.7453	 +0.7374 
 Euro/Swiss		EURCHF=	1.0787		 1.0808	  -0.19%		 -0.60%	  +1.0814	 +1.0782 
 Euro/Sterling	 EURGBP=	0.9053		 0.9014	  +0.43%		 +7.09%	  +0.9140	 +0.9021 
 NZ				NZD=D3	 0.7039		 0.7041	  -0.01%		 +4.62%	  +0.7063	 +0.7006 
 Dollar/Dollar																				   

 Dollar/Norway	 NOK=D3	 8.7430		 8.7940	  -0.68%		 -0.43%	  +8.9170	 +8.6990 
 Euro/Norway	   EURNOK=	10.5948		10.6540	 -0.56%		 +7.69%	  +10.7788	+10.5751 
 Dollar/Sweden	 SEK=	   8.4025		 8.4465	  -0.68%		 -10.11%	 +8.5223	 +8.3541 
 Euro/Sweden	   EURSEK=	10.1793		10.2492	 -0.68%		 -2.77%	  +10.3000	+10.1610