Not much movement in G10 currencies...

Not much movement in G10 currencies compared to the frantic price action that panned out on Wednesday, but the ECB policy meeting and press conference from President Lagarde hold potential to spark another bout of volatility along with the extraordinary joint committee convene between the EU and UK arranged after yesterday’s controversial IMB. In the interim, Usd/major pairs are mixed and relatively rangebound as inferred by the DXY holding within a tight range just above 93.000 (93.281-036) ahead of US claims, ppi and wholesale inventories. Meanwhile, the Euro is meandering between 1.1839-01 and well flanked by decent option expiry interest (down to 1.1775 and up to 1.1900 – full details on the headline feed at 6.56BT), with Cable pivoting 1.3000 and Eur/Gbp hovering nearer the upper end of 0.9105-0.9075 parameters.