ECB plans capital controls in Cyprus, says Handelsblatt

EUR/USD is last at 1.2911, off early session lows at 1.2889, slightly retracing from session highs at 1.2915, while local share markets trade in a mixed way, with Nikkei leading the loses down -1.58%. “The local market is again in consolidation mode,” says Peter Fell at FXBriefs.com, adding: “large option expiry’s are said to be at 1.2900, given there is no event risk until Europe opens, I cannot see the EUR/USD moving to far from the 1.2900 handle.”