It has been a choppy session, with conflicting stories coming out of Greece being the main driver against the EU majors. The Yen came under some pressure of its own following the BOJ Minutes, with the dollar heading onto a new 7 year high and with the likelihood of more gains to come. Today will see a fair bit of secondary data (EU Economic Sentiment Indicator, Business Climate, Consumer Confidence, US Jobless Claims, Pending Home Sales) but the market seems likely to remain rangebound ahead of tomorrow’s US GDP release. The main event in Asia will be the Australian Capex and the Japanese Retail Sales. From the UK, ... (full story)