Yen and Dollar ended the week as the worst performing ones, as US stock markets came back with strong rally. Risk-on sentiments pushed commodity currencies broadly higher. Yet, Yen crosses are also held below recent highs despite the rebounds. Dollar's pull back was also relatively weak. Some more time is needed to determine if they're both in genuine reversal. Sterling also dropped notably last week and ended as the worst performing one. From fundamental point of view BoE was just not hawkish enough, but not that dovish. No clear bearishness is warranted. But the technical picture in some crosses suggest that the near term outlook is not looking to well for the Pound. | 