EUR/USD has fallen to the lowest since early in Tokyo trading, at 1.2532.
Bids reported 1.2520/30.
USD/CAD also up to the highest levels of the week at 0.9922. Sellers at 0.9930/35 and then layered up to 0.9965.
My sense is that the short-term leverage gang is setting up for Bernanke to disappoint.
