EUR/USD has seen some volatility already in early interbank trade, currently trading around 1.4240 after seeing an early 1.4230/90 range. There were no major news developments over the weekend but pairs like EUR/CHF and EUR/GBP were very volatile on Friday in NY and this action looks to be continuing.

The AUD/USD has slipped a little to 1.0725 from its NY close after the Chinese CPI data and the launch of the Australian carbon tax.

Good luck today.