It wouldn’t be too exciting today, would it?
USD/JPY and EUR/USD are pretty much back to where they were when I clicked on the monitors this morning. EUR/USD is maybe up 10 points.
At least the AUD has moved a little, down 30 points.
All are in tight envelopes:
- EUR/USD 1.3260/1.3320, or 1.3280/1.3315 on the narrow
- USD/JPY 87.80/88.80, or 88.45/88.75 on the narrow
- AUD/USD is approaching a big support level around 1.0520, its 1.0530/55 on the narrow
It looks like we are going to have to wait for Europe to provide some impetus, but lets hope we are not waiting that long.