EUR/USD: Mildly Bullish But Struggling To Get Going

The European market is showing little enthusiasm for trade so far Monday. With Japan away from the markets overnight and both Canada and the US observing national holidays there is no desire to push price action away from extremely tight ranges. Dollar pep from Friday"s payroll revision and Yen jitters over North Korea has provided scope for trade but a brief flurry of early activity looks to have cleared away any commercial business that needed to be done and now a lack of liquidity has pushed orders into tomorrow and traders to the sidelines. EUR/USD is stuck at 1.2600 having based at 1.2588 earlier. There is a slight bull bias but it looks like price will have to climb above 1.2620 to breath life into a quiet market.