The longer weekend is making for a more subdued start to proceedings so far today. Major currencies are not up to much, with dollar pairs keeping in narrow ranges and little changed overall.
USD/JPY is down slightly after brushing up against the 157.00 mark at the end of last week. But besides that, there is very little to scrutinise about the movements thus far.
Looking to European morning trade, there won’t be much to shake things up either. We have the German Ifo business survey for May coming up. But that is likely to just reaffirm…
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