Last week's main highlight was ECB's press conference and the minimum bid rate announcement on Thursday. Draghi's pledge to act in June pushed the single currency 0.69% lower over the week and what is more important, the currency is likely to remain under the pressure until the next policy meeting. In contrast, the Aussie soared 1.54% on the back of stronger-than-expected Chinese fundamentals as well as better domestic jobs data. At the same time, the RBA's May meeting and the gathering of the Bank of England had muted impact on markets, as policymakers at both countries reduced speculations for a revision of their monetary policies any time soon.