A lazy 300 pips movement in the EUR/USD overnight will have pleased the intraday volatility seekers and I hope you all survived intact. I’m a bit surprised to see USD/JPY down below 78.50, what with EUR/JPY higher and a US debt deal closing in but we’ll have to see what Tokyo makes of that. New record highs for the NZD, and the AUD is through its recent range ceiling, which might usher in a fresh bullish period.

Good luck today and TGIF