The RBA and the ECB deliver monetary policy decisions in the week ahead, with economic data from the Eurozone, China, and the US to also draw interest.
It was a bearish week for the European majors, with a pickup in inflationary pressure, weak private sector PMIs, and US nonfarm payrolls weighing.
Monetary policy divergence saw the Yen slide against the Greenback, which took the upper hand on nonfarm payrolls and hawkish FOMC member chatter.