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

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

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.

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

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.