We see no direction in the EUR today, EUR/USD trades in a 15 pip range since this morning.CPI data from Germany came in a bit higher than analysts had expected but the impact on the EUR was limited.


It is very quiet in the Greenback as well so far on the last day of the trading week. The revised University of Michigan consumer confidence index might trigger some volatility though.


The current account deficit in the UK was published larger than expected this morning, Sterling held up pretty well though.


The KOF economic barometer from Switzerland came in slightly above expectations this morning. The Swissi is higher and trades at the high of the day against the EUR at the moment.


USD/JPY trades in a 10 pip range during the European session. Simply nothing going on there so far today.


Canadian price data came in well below expectations, USD/CAD gained 5 pips after the data but trades now back at pre-data levels in a lethargic market.


The commodity currency bloc consolidates yesterdays profits against the Greenback.


After trading close to a record high the kiwi dollar comes down again and is testing the 0.8750:60 support level.


Gold is a tad higher today but still trades well below this weeks high of 1325 USD.