Not much change in the majors compared with yesterday, with the EUR a little weaker on the crosses after some spiky volatility overnight. Inflows into the US equity markets are a major factor and are likely to remain that way until Thursday at least.
Even though EUR/USD was unable to maintain those losses below 1.2500, the fact that it broke this important level again would seem to be confirming that the downtrend is still in complete control; crosses like EUR/AUD are also consolidating recent weakness.
Australian retail sales on the economic calendar might provide some volatility.
Good luck today.
