FXStreet (Guatemala) - Strategists at TD Securities noted that the market moves in the European morning session have been rather subdued with European yields generally a little lower, the euro a little weaker, European equity markets posting a mixed performance with EMEA FX is generally a little softer.

Key Quotes:

"We have not had a light data calendar, but have had no real surprises while Carney’s testimony surrounding the BoE’s Inflation Report has provided us with a stream of headlines".

"However, we have had very little to provide much of a broad market direction and with a fairly light calendar for the rest of the day, we are likely to continue to see headline trading".