The FX market is stuck in its current range.

The Foreign exchange market today is dominated by post Easter holiday positioning, which means the dollar is going up against the euro again. Sterling, meanwhile, is going nowhere and waiting for the election results in a month’s time. The yen is set at around 120.

Otherwise, there is little driving the markets. The improved economic climate in Europe has not yet had much of an impact on the market in general. The Greece problem is still hovering over the markets. The Greeks are currently in the US hoping to fill their begging bowl. It is unlikely they will get much more than pleasant words. Little movement is expected for now.