Ok, it’s all relative and in the Monday malaise we’re not going to get too excited are we, but the early dollar- buying has been soaked up well particularly on GBPUSD and EURUSD from 1.5187 and 1.2838 repectively. Currently 1.5200 and 1.2850

Talk of Asian sellers on EURUSD between 1.2850-60. Large Japanese name on bid of USDJPY around here ( 102.62 ) and more buyers lined up at 102.50

AUDUSD has not fared so well though and is struggling to recover its 20 pip loss from 0.9783 when I sat down three hours ago.

Expect a scrappy session across the board.