This is something else we need to get used to as Christmas nears; lots of noise but not a lot of movement overall.

EUR/USD closed in NY around 1.3240, rose 100 pips, fell 150 pips but is now back to its NY closing levels. USD/JPY, cable and AUD/USD are all still trading around the levels which they closed out last week on. This shows the value of being patient on entry levels and then trading the moves as they get underway.