USD: Dollar can hold its own in a quiet week: The start of the new week sees focus on China's re-opening after its Lunar New Year holiday. Local reports suggest travel and spending have been strong in this period, which leads some to suggest that Chinese consumption is ready to re-accelerate. However, Chinese financial markets have been less than impressed. Despite the regional Asian equity benchmark rising 2.5% while China was on holiday, China's CSI 300 could only manage a 0.6% gain today. And the Hang Seng index was lower. Equally, the offshore renminbi - the CNH - barely budged today and has failed to make any ... (full story)