Chinese markets have been more or less closed for the first three days of this week and I’m hoping that is the cause of the lack of action during recent sessions. Yesterday we saw 30 pip ranges in the majors for most of the session and today is even worse with EUR/USD basically trading in a 15 pip range. Let’s hope things improve tomorrow.

(edit) Thanks to TN for the link to her article which has more information on the dragon boat festival.