With the US out for the Presidents’ Day holiday, the Euro failed to make back early lost ground.

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Market expectations still eye a potential rate hike from the Bank of Japan as soon as April and fully price one in by June. This is despite Japan dropping into recession

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Neither Pound or Dollar have a lot to look forward to in terms of tradable data points this week, which may leave the technical in charge.

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The Aussie dollar has enjoyed some good fortune over the last three trading days, buoyed by a positive resumption of trade in China after new year celebrations

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Gold is opening the week on the front foot and continuing last week’s rally. Price action may be limited today however with US markets closed for the Presidents’ Day holiday.

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