 Dollar took a nosedive overnight as investors were apparently relieved that Fed is still on track to cut interest rates three times this year. The odds for a June cut as indicated by fed fund futures also jumped back to above 70%. The positive sentiment shoot major US stocks indexes to new record highs. The greenback's weakness persisted into Asian session, and it could continue face more downside pressure ahead. In contrast, Australian Dollar staged a robust recovery, buoyed by exceptionally strong employment data. Additionally latest PMI figures Indicate both economic revival and heightened price pressures. These developments cast doubts on the likelihood of RBA cutting rates in the near future. Indeed, the possibility for another hike doesn't vanish, reaffirming RBA's "not ruling anything in or out" stance. The spotlight now shifts to BoE and SNB as the week's central bank bonanza continues. No change in interest rate is expected from BoE, and the main focus is on voting. Last time, Jonathan Haskel and Catherine Mann voted for a hike while Swati Dhingra voted for a cut. Any hawkish or dovish tilt in the voting could trigger volatility in Pound. Meanwhile, the Swiss Franc finds itself under pressure as the worst performer of the week at this point, partly due to speculation around an imminent SNB rate cut. Despite June being considered a more probable timeline for such a move, current market odds suggest a 30% chance of a cut taking place today. Additionally, SNB's stance on currency intervention, given recent vocal concerns from Swiss businesses about the economic impact of a strong Franc, adds another layer of intrigue to their upcoming policy announcement.... | 
