EUR Strangled By Options, GBP Waiting On BoE

From marketpulse.com

Global equities have managed a small rebound from last weeks lows as markets reopen after a four-day holiday break. It would seem that some investors are growing less concerned about tensions in the Ukraine and are confident with US Q1 earnings season so far. For the majority of investor's, geopolitical issues in Ukraine will continue to cast a shadow on sentiment - hence the lack of forex movement in the overnight session, apart from the yen recovering some of previous day's loss against the dollar. Forex investors seek confirmation of direction, going out on limb or hunch has not been rewarding. For many, the FX ... (full story)