 The forex markets have been relatively quiet during today's Asian session, with currency pairs staying within Friday's range. Major stock indexes are also demonstrating mixed performance in a tight range. Inflation data from the Eurozone and the US will be closely monitored this week. Although these figures are crucial in determining the future rate path, reactions to this week's data may be somewhat subdued, given that both ECB and Fed meetings will not reconvene until May. Ongoing developments in the banking crisis will continue to be a significant driving factor for all financial markets. As for currencies, Yen has emerged as the biggest winner for the month, seemingly bolstered by risk aversion and falling benchmark treasury yields in other markets. European majors follow closely behind, despite banking sector troubles. Commodity currencies and Dollar have been the weakest performers. It remains to be seen whether Yen could experience further gains before the month's end and which currencies will be most affected. From a technical perspective, AUD/CAD is a currency pair to watch this week. The corrective recovery from 0.9043 may have reached its peak at 0.9229, after failing to break through channel resistance and 55 day EMA decisively. A break below 0.9102 minor support level could signal that decline from 0.9545 is resuming through 0.9043. In this scenario, next target would be 61.8% retracement of 0.8596 to 0.9545 at 0.8959. | 
