Last week was exceptionally volatile but Monday’s price action has yielded little of that same fervor. In fact, at the time this report was written, all of the majors were tethered within a half of a percent against the US Dollar, but for the Australian Dollar, which was down 0.56 percent. Overall, higher yielding currencies and risk-correlated assets were skewed to the downside as mixed data out of Europe and North America ahead of the US cash equity open weighed on sentiment. Still, the US Dollar’s outlook remains slightly bearish after last week’s Federal Reserve meeting and the disappointing gross domestic ... (full story)