The dollar lost some ground following the big November ISM miss, though reaction was partially mitigated by a better construction spending outcome. EUR-USD opened near 1.0600, and made its way to session highs of 1.0636. USD-JPY started the session at highs near 123.20, though slipped to 122.80 after the data. Yields fell on raised concerns over a December Fed tightening, as Wall Street posted decent gains, likely for the same reason. The November ADP employment survey will be the key event on Wednesday, and will firm up forecasts for Friday's official BLS employment report.
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