EUR/USD falls early Monday, last down 0.2% at 1.1599, with trading volumes likely to be muted due to a bank holiday in the U.K. Danske Bank expects U.S. dollar carry--the cost or benefit of holding an asset--to drive a new bout of USD strength, causing EUR/USD to settle around 1.15 for now. U.S. Federal Reserve Chairman Jerome Powell helped to fuel weakness in the U.S. currency into the weekend, pushing EUR/USD "firmly" above 1.16 as his speech in the central bank symposium in Jackson Hole questioned the Fed's conviction as to how far rates can be lifted, says Danske analyst Allan von Mehren. - via Wall Street Journal