EUR/USD is back at yesterday’s opening levels near 1.3180, the GBP, JPY and CHF are pretty much unchanged and the AUD and NZD made modest gains. The market seems to be in a period of consolidation, trying to decide what it wants to do next. Sentiment remains bearish EUR, but the market is still short, and USD watchers are staying quiet until the Fed minutes on Wednesday.
The BOJ interest rate decision has become a non-event and the Australian business confidence data is unlikely to move the market; full economic calendar.
Good luck today.
