The second week of February features the Chinese New Year celebrations and this could be good news for the Aussie, as Chinese news has usually not tilted to the upside. A two-day testimony from Fed Chair Janet Yellen stands out. Will she bury any chance for further rate hikes in 2016 as markets imply? Or surprise with hawkishness? In addition, euro-zone GDP and a focus Friday on the US consumer stand out.

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