EUR-USD has posted less than a 30 pip range on the day so far. The low has been 1.0600, which now has the feel of being a firm near-term support. Volumes and impetus lacking with both U.S. markets and date out of the picture today. EUR-USD was showing a 0.1% loss in the early European PM, and EUR-JPY 0.25% decline, though remaining above yesterday's 129.72 low. The market may be dull today, but the market still appears to be euro bearish in anticipation for a policy easing from the ECB next week. USD-JPY has seen a 122.55-75 range, holding above yesterday's 10-day low at 122.26.
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