We’re up about 15 pips since I sat down, presently at 1.2345.

Some attention is being paid to the weekend Der Spiegel story, that ECB is mulling interest rate threshold for bond buys.

That said, we’re ensconsed in well-trodden range, whose loose parameters are 1.2250-1.2380.

Unless we break below 1.2240 or above 1.2400 I’m afraid I just can’t get excited

;)

Stops reported through both levels.