Just to mention again that Gerry is off sunning himself this week, recharging his batteries, so I’ll keep you company until Joe turns up. Looks like its going to be a reasonably quiet start to the European session as the market awaits developments out of Washington, with nothing much likely to happen until Thursday according to latest reports.

  • EUR/USD: Bids starting now at 1.4470; offers in reasonable size between 1.4550/80
  • AUD/USD: Offers 1.1080/95
  • USD/JPY: Barrier at 77.75 with stops below 77.70; another big barrier at 77.00
  • USD/CAD: Stops below .9400
  • EUR/GBP: Bids building around .8800