The Australian dollar has rallied a bit during the short holiday session on Monday, as the market continues to see a lot of choppiness in this pair. The market is one that you have to pay close attention to the short-term charts at the moment.
Investing.com -- Most European and Asian currencies were treading water on Monday, while the dollar steadied in thin trade, as markets awaited more cues on U.S. interest rates from key inflation data later in the week.
The US Dollar continues to take advantage of the Yen weakness as we are now more than likely going to continue to look toward the recent highs as a target. With the Bank of Japan stuck, it seems like a bit of a foregone conclusion.
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