The Asian session is again proving to be very disappointing with a brief flurry on the AUD/USD the only activity worth mentioning. EUR/USD is back where we started the session at 1.4560 and USD/JPY has also returned to its starting point at 92.05. I think if we are to see any significant moves for the remainder of the session, they will come from USD/JPY and attempts to test possible intervention at 91.60 and trigger stops below 91.50. This doesn’t look too likely at the moment.