Stop me if you've heard this one before

In all seriousness, it's been a somewhat recurring theme since the start of the week hasn't it? EUR/USD and GBP/USD are at the highs for the day trading at 1.1870 and 1.3570 respectively. Meanwhile, USD/JPY and USD/CAD are both at the lows trading at 109.65 and 1.2835 currently.

Ranges are still very much contained, but the dollar remains a little offered to start the new trading day.

The only exception is the kiwi which has been battered following the RBNZ's dovish stance earlier. NZD/USD is still trading near the lows at 0.6924, but AUD/NZD has broken above the 100-day MA mentioned earlier and is trading at 1.0794.