The EUR concluded last week with a solid overall performance up against the United states dollar as investors in the mean time appear to have found some balance through the European Union’s activities in connection with Sovereign Debt turmoil.

The Americans are going to be on a full holiday today and as a result of this trading amount will become quite slim after the European sessions end.

Wall Street finished last week on a high among the main indexes as equities shattered a two month losing streak.

Yet not all things are wine and roses, economic facts from Europe, the States, and in other regions tips on the way to a worldwide downturn.

Today might be a day where investors test prevailing ranges and sentiment, this prior to full volume and data start to come in force on Tuesday.

Of supreme interest this week will be the EUR/USD pair, Gold which has been pushed lower, and Crude Oil which has consolidated.

Traders ought to be alert for sudden bursts of action in what otherwise may prove to be calm waters today