Dollar markets due to pick up after President’s Day

It was a quiet start to the week, with US bond and stock markets closed for President’s Day, a national holiday in the US.

Generally, sentiment is being boosted by expectations of corporation tax cuts and deregulation. Later this week the minutes from the Federal Reserve’s most recent meeting will be released, which should echo Janet Yellen’s recent hawkish tone. If so, we could see a little bit of movement in the markets.