He says that while Janet Yellen may have sounded a hawkish note this week on the US Federal Reserve hiking rates this year, the market remains skeptical and wants to see some hard data that supports such a move. 

Traders looking for action elsewhere can find plenty with the Australian dollar and Kiwi, Hardy says. He also looks at Sterling, which appears to be travelling hand-in-hand with the US dollar, and outlines his trades for the coming week.