Good Morning ,
Today's overview of economic news and market action:
- There was a slightly cautious mood on markets at the start of the week.
- On the data front, the macro calendar was relatively quiet.
- Currency-wise, the main pairs continued to operate within narrow trading ranges.
- EUR/USD opens this morning down in the lower half of the $1.16-1.17 band.
- EUR/GBP is changing hands back in the bottom half of the 87-88p corridor.
- Meanwhile, GBP/USD remains above the $1.33 threshold.
- USD/JPY is operating north of the ¥156 handle.
- Today, the macro calendar is sparse once again.
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