1. EUR/USD hit new low on Friday following the downgrade of France's AAA rating. In December S&P agency said they would downgrade some European nations' ratings, despite this, the timing was surprising. At night EUR/USD touched 1.2626 low. EUR also slid vs. JPY and AUD, touching fresh multi-month/year lows.
2. Australia's AAA rating attracts investors to Australian bonds, strengthening the AUD.
3. The U.S has Martin Luter's day. No trading in stock markets there.
4. At night China publishes GDP. This may affect mostly the AUD as China is the most important export market of Australia.
5. Indicators this week: (tomorrow) CPI in Great Britain, ZEW in German and interest rate decision in Canada.