Thankfully we’ve had a pretty active summer in the forex markets but a patter of busy mornings and quiet afternoons has taken root. Looks like that applies to today’s price action as well.

Perhaps we’ll become more directional later in the session, toward the close of cash markets on Wall St.

EUR/USD is range trading at 1.3220; cable at 1.5925. USD/JPY is finding support at the 85.69/70 level.