Ten-pip range in EUR/USD since lunch time and no better elsewhere.
Volatility has been good this week so I can’t complain. The place to watch now is the S&P 500 which is has fallen as low as 1400 but has slowly clawed back to 1403.
A late slump could spark another leg down in the commodity currencies with USD/JPY also at risk.
AUD/USD strong demand remains at 1.0420.
