 Dollar is trading with a slightly firmer tone in quiet Asian session. But overall, most major pairs and crosses are stuck inside Friday's range. Trading would likely remain subdued with Japan and UK on holiday, and the calendar is light. Nevertheless, the week ahead is ultra busy with four central bank meetings and some important economic data too. Technically, Euro has made nice bounces in some crosses, on expectation of hawkish ECB. EUR/CAD's break of 1.3271 resistance confirmed short term bottoming at 1.2867, on bullish convergence condition in daily MACD. The break above 55 day EMA, as well as the falling trend line resistance argues that it's at least correcting the decline from 1.4633. Further rally is in favor back to 38.2% retracement from 1.4633 to 1.2867 at 1.3542. Such development could help cushion any decline in EUR/USD. In Asia, Japan is on holiday. Hong Kong HSI is down -0.99%. China Shanghai SSE is down -0.21%. Singapore Strait Times is down -0.09%. | 
