Forex News: The USD is going nowhere fast after an initial bout of weakness early in Europe. EUR/USD is trading around 1.5930, the same level as before euro zone final June CPI came in on forecast at 4% yr-yr. GBP/USD is around 2.0040, a level it touched after a disappointing 15K rise in UK jobless claimants, while USD/JPY is just above 104.00 after dipping to a 1-month low of 103.91 on heightened risk aversion. Oil and equities are giving little clues with the main European bourses trading just either side of flat, while the former adds just a few cents toward $139.00
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