Is USDJPY having a day off?

There's fun and games everywhere else but USDJPY

Stick a pin in 109.00 and 109.20 and it's scalpers paradise.

USDJPY 15m chart

Here's one reason why it doing nothing, a similar range in US 10's.

US 10yr yields

There's not a lot on the cards that could trigger things to liven up. Kashkari is in a Q&A right now but he hasn't said much recently to shake markets.

Flash composite, manufacturing and services PMI's for April are up at 13.45 GMT, followed by existing home sales at 14.00 GMT.

We could be seeing the market's attention sticking with the French election theme, with nothing else to focus on.