After opening 100 pips lower, EUR/USD has hardly done anything at all trading in a tight 40 pip range since then. Cable is still sitting just above the important 1.5700 level and AUD/USD is quietly trading just below 1.0300.
Asian currencies are still headed lower against the USD, with North American and European asset managers selling up and going home. This is still giving the FX market its primary lead in Asian trade.
