I expect something to leak out of the OPEC meeting at 30-40 minutes after the top of the hour.
No single theme has been able to grip markets in the run up and that’s not a big surprise with the US on holiday. The euro and sterling are on the soft side with cable carving out a fresh session low and knocking out some solid bids at 1.5750. More at 1.5735 1.5700-10 1.5685-90 1.5670 and 1.5640-50.
The loonie is perky after a round of oil-related weakness in European trading. USD/CAD is nearing yesterday’s low of 1.1228.
