Risk sentiment has improved at the start of the week, seeing notable moves across typically risk sensitive assets in a week when US data and tech earnings take center stage

The Bank of Japan’s latest policy decision, US Q1 GDP, and Core PCE data makes this an important week for USD/JPY traders.

The Euro’s sharp slide has relaxed a little but there are still few if any reasons to back the single currency over the greenback

The Aussie dollar attempts to claw back losses on an improving risk outlook. However, declining Aussie inflation and hot US data (GDP, PCE) pose a threat to AUD

Sterling fell late Friday after BoE dep gov Dave Ramsden reiterated governor Bailey’s recent view that inflation is set to drop sharply