Finally markets reopen after a four day holiday break, but market volatility remained low today and we have seen no clear direction on majority of currencies. Global equities have managed to stage a small rebound from last week's lows, which indicates that stock traders are less concerned about tensions in Ukraine and are confident about the U.S. first-quarter earnings season so far.

I am expecting volatility to pick-up tomorrow and Thursday due to some important fundamental numbers coming out of Europe, U.K., China, USA, New Zealand. From technical point of view majority of pairs are in consolidation and hopefully these news events will create some trading opportunities in coming days.
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