All of the major pairings are where we left them yesterday, more or less, and the market is in a quiet holding pattern whilst it awaits an EFSF outcome (which could take another 2 weeks). Bit of a face-off in the EUR/USD with the big hedge funds already short and trying to cap the pair below 1.4100ish and Sovereign names continually buying dips. Should nevertheless be very quiet in Asia.
Good luck today.
