EUR/USD very steady in early European trade, the pairing presently sitting at 1.4080. News that CIT is likely to file for bankruptcy as early as tomorrow has helped dampen risk appetite.
The market will also be on the look-out for renewed Asian sovereign selling on any pops higher. Upside looks limited to me.
For today technical supports 1.4060, 1.4040 and 1.4010, resistances 1.4105/10 and 1.4130/35.
