Some of the signals over the last few days seemed to be telling us that the recent trends in pairs like EUR/USD and NZD/USD might be about to reverse but the USD bulls have now reasserted themselves. USD/JPY led the way in European trade. with the EUR and the risk trades followed on the back of more Greek uncertainty.
Once again it will be fairly quiet on the economic calendar with only the BOJ interest rate decision later this afternoon to look forward to.
Good luck today.
