Steady is the word as European desks open up

An uneventful session so far but there's a whole lot left in these markets 12 May

Quiet start but with a decent data slate we should expect/hope the robots get themselves nicely warmed up in due course. German GDP and CPI at the top of the hour.

USDJPY 113.75, GBPUSD 1.2885 EURUSD 1.0870 USDCHF 1.0070 AUDUSD 0.7386 USDCAD 1.3695

All going nowhere in a hurry for the moment after yesterday's moves but patience should be a real virtue before the week comes to a close.