Good Morning ,
Today's overview of economic news and market action:
- Generally, cautious tone to investor sentiment last week
- At the same time, most of the FX majors were confined to narrow ranges
- However, the escalation of the conflict in the Middle East over the weekend has seen the dollar make gains
- EUR/USD opens this morning in the lower half of $1.17-1.18, while GBP/USD is below $1.34
- Ahead this week, development in the Middle East will be very much in focus
- There is also some key macro data releases, including US non-farm Payrolls for February
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