EUR/USD is trading around 1.2675, up 25 pips so far in the session and cable is also moderately higher, 1.4130 after closing at 1.4090. No real flows to report and dealers all seem pretty clueless this morning as to what might drive the market and what the major topics of interest are.
Regional Asian currencies will probably take their lead from equity markets and the majors will likely follow suit until Europe come in later today.
Japanese current account and Australian job ads are the event risks before Tokyo lunch.
