The 120.00 pivot level in play once again

It's pretty slow going at the moment and the 5 pip range that USDJPY has been in for most of the day is now a 15 pip range as we test 120.00

USDJPY H1 chart

As noted in the comments oil is slipping after failing to continue the gains. Traders note that the tech picture is weak on the downside. Brent failed to break above the late August highs at 54.30. support should come in around 51.00/20

Commodity currencies are following suit and both AUD and CAD finding sellers

US stocks are pretty much doing nothing with the S&P -3 at 2011, Dow -7 at 17077 and the Nas -9 at 4821

Next up we have the Fed's Charles Evans