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EUR/USD edges back to session lows as USD/JPY crawls back above 150

Earlier today an update here noted the rather dismal effort of the EUR/USD to reclaim levels above 1.0800. Well, since then it has edged lower once more and right now it has just set a session low at 1.0770. Of course the speed of the price action is dreadfully slow and volumes look very light (as one might expect today). The rise back above 150 in the USD/JPY unfolding right now seems like the driver for the EUR/USD to edge lower, as the EUR/JPY remains camped not much above its earlier session lows. The EUR/USD is currently trading at 1.0772 
 

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