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Good day, everyone! I hope that all of you had a great weekend and that you're ready to get things going here on the new week. It's been a quiet start to proceedings in terms of key headlines but markets are showing some signs of life at least with the slight change of heart in risk sentiment being the notable event so far.
Asian equities saw early gains erased as markets backed away from the more optimistic tone seen last Friday after the US jobs report. As a result, the yen is holding firm as it is also backed by cross-flows to start the week. The dollar is mixed as markets continue to search for direction but ranges remain somewhat narrow for the time being.
Expect more Brexit headlines to come during the week as we inch closer towards the next European leaders' summit in Brussels on Wednesday and also the key Brexit deadline at the end of this week. There's going to be lots of twists and turns along the way so expect the pound to maintain its Brownian motion pattern.
What are your views on the market right now? Share your thoughts/ideas with the ForexLive community here.
