Valeria Bednarik: Dull Monday trading sees no reaction amongst majors - FXStreet

FXStreet (Łódź) - Speaking at FXStreet’s Live Analysis Room, FXStreet's Chief Analyst Valeria Bednarik observes that Monday trading was rather uneventful ahead of a string of market-moving events later this week.

Key quotes

"Nevertheless, yen weakness and dollar strength are the main themes, with USD/JPY holding near 114.00 and EUR/JPY above 142.00."

"EUR/USD still seen heavy and declining towards 1.2370 over the upcoming sessions, while commodity currencies are also seen easing: AUD/USD main target at 0.8640, USD/CAD at 1.1385."