LONDON (AFX) - Major currencies were stuck in narrow ranges against each other in dull midday trade amid a lack of fresh leads, dealers said. With the G7 meeting over the weekend not yielding much direction for the currency market, the dollar's strength is likely to remain intact. The optimistic tone of the G7 communique also pointed to a gradual economic recovery in the US, in turn underpinning demand for the dollar, they added. Trading is rather featureless, Jane Foley, currency strategist at Barclays Capital said. With the G7 meeting now out of the way, the yen was a touch stronger against the dollar. But even this currency cross was quiet, she added. As the Japanese fiscal year-end closes in, there may be more demand for the yen, limiting the dollar's upside, she said. Elsewhere, signs that the Euro zone finance ministers may reject the EU Commission's recommendation that Germany face a warning over its possible breach of the growth and stability pact, put pressure on the euro, dealers said. Such an event may damage the EU commission's credibility, dealers said. However, the euro was a touch higher against the dollar on technical reasons. Sterling was a little stringer against the dollar. The morning's January producer price data had little impact although it indicated benign inflationary pressure. Inflation has become a secondary issue, John Butler, economist at HSBC said.