Last week saw few significant moves with......>

FOREX: Last week saw few significant moves with all major pairs closing on

Friday well within 1% of Monday's opening levels. 

- The DXY edged lower due to weaker than expected inflation readings on

Thursday, with UofM consumer confidence figures and relatively dovish comments

by Fed`s Bullard not helping the dollar's case. However, the greenback remains

on a broad uptrend thanks to it's widening real yield advantage. 

- NZD/JPY opened slightly weaker in Asian trading, with the services PMI missing

expectations but the cross remains within Friday's range.

- This week's focus will turn to several Fed speakers, the UK jobs report,

Eurozone and Japan GDP releases, German ZEW and US retail sales. Speeches from

ECB's Draghi and the BoE Chief Econ. Haldane are also due.