Back at 1.2785.

UK clearer said to have been notable seller in this latest little setback.

We’re hardly changed on the day in lacklustre trade (well I think it’s lacklustre)

Buy orders clustered down at 1.2750/60, sell stops through there and more through 1.2740.

Unless we approach 1.2740 I ain’t gonna get excited.

Personally think the euro has help up relatively well in the wake of Moody’s French downgrade and subsequent comments this morning. But what do I know

:)