Greetings one and all

So Australia has a new PM and the BOJ leaves rates on hold as widely expected but yen pairs still give up early gains.

All eyes remain on the FOMC this Thursday but NZD traders will have an interest meanwhile in the Global Dairy Trade auction beginning at 12.00 GMT

Data wise we have French and UK CPI then German ZEW followed by US retails and NY Empire State mftg index. Then we get US ind production and business inventories

All in all enough to give an injection into the current pre-FOMC lethargy but I'm not expecting ranges to burst out any time soon

Either way I wish you a good session as always

Times GMT