EUR/USD has had a quiet start in early interbank trade, currently trading at 1.3045, with cable at 1.5540, USD/JPY 77.80, USD/CHF .9365, and AUD/USD at .9985.
We can expect a quiet week this week, as markets ease down into the holiday period. Most corporate and asset flows are done for the year with position-covering in the leveraged market, the most likely source of volatility.
Good luck today.
