The interbank market is kicking into gear and it’s showing no sign of wanting to buy USD after the G20 finance minister meeting from Friday and the subsequent statements. EUR/USD is trading at 1.3980 and USD/JPY at 81.25, which is close to their NY closing levels.
As Jamie wrote earlier, it might be good to let the market settle for a few hours and see what it’s thinking before jumping in. I expect volatility to be very high for the early part of this week so best keep risk under control.
Good luck today.