Asian Session
The dollar continued to struggle to get over yet more disappointing US economic data that stood in contrast to better data out of the eurozone and China.
Meanwhile, a weaker-than-expected expected Japanese GDP, risk appetite was dampened, helping safe haven demand for the yen.
The USD/JPY was pressured lower, slipping 0.2 percent to 101.60 yen, pulling further away from its recent peak above 102.70 yen touched last week.
The EUR/USD rose to a three-week high of $1.3723. Data on Friday showed both Germany and France grew slightly faster than expected in the fourth quarter, pushing the euro zone's recovery up a little.
The GBP/USD remains on the up and up. Asia saw it up more from 1.6743 to 1.6823 before easing off a bit.
The EUR/GBP fell a small leg from 0.8180 to 0.8157 and levels last seen in January ’11 before steadying.
The USD/CHF continued lower, off from 0.8920 to 0.8900. EURCHF traded heavy between1.2214-23.
The AUD/USD opened in Asia at 0.9045 and was better bid between 0.9041-70. Early action saw stops above 0.9050 taken out and a move to the high on good bank loan data out of China over the weekend.