We are expecting plenty of volatility this week with FOMC minutes due on Wednesday and we anticipate a fast start to the week.
EUR USD-We expect Euro to move down initially then some back and forth action. We are bearish Euro for the longer term but expect continued back and forth range moves.
GBP USD-We are still bearish Pound and we expect some two way action this week.
AUD USD is still trading in a range with a downward bias. We are still bearish. Expect back and forth action.
USD CAD was the star of the show last week and Dollar/Loonie has been on fire as of late. We are watching USD CAD for a possible retest of the recent 13 year highs. The trading range for CAD is wide with big, fast movements.