Everyone is all ECB’d out at the moment and even the pairs seeing some volumes are struggling to make any worthwhile moves.
The Reuters FX-heatmap is showing good volumes for USD/JPY but it’s not equating to much pip wise as we flounder in a 10 pip range between 102.50 and 102.60.
Reuters heat map 09 06 2014
Apart from that NOK/SEK is where the party is at. Anyone dipping their toes in there?