Forex news from the European trading session - 22 January 2018

News:

Data:

A steady session as fx pairs continue to range/consolidate as indeed do cryptos. Not a lot of news to shake things up in Europe but we have seen a few opportunities nonetheless.

EURUSD gapped higher at the Asian opening but since those highs of 1.2275 we've been down to 1.2214 before finding buyers once again to test 1.2265. EURGBP has been tightly bound again as has been EURJPY but a few pips to be had still.

GBPUSD had an early look above 1.3900 from 1.3875 openings but failed into 1.3920 and has since lurked around 1.3900.

USDJPY failed into 111.00 and has since been back to 110.65 before finding buyers again while USDCHF gave up some of Friday's gains and fell to 0.9593 from 0.9630. USDCAD drifted lower from 1.2495 into 1.2460 despite softer oil prices.

AUDUSD has had another look above 0.8000 but capped at 0.8018 while NZDUSD has made also made steady progress o 0.7311 from 0.72Y0

Bitcoin has been mostly steady but seen a drop again to session lows into $11200 in the last hour or so.

No data of note to come but there is a Eurogroup meeting today from which we might expect a few headlines later.