We’re still seeing some good euro buying but I also hear there’s a few traders going short around here ( 1.3540-50) with stops above 1.3550, and that would tie in with the orderboard posted earlier after a decent recovery this morning

EURUSD M1 chart 10 Oct 2013

EURUSD M1 10 Oct

USDJPY is easing back a little too at 97.77 with EURJPY sellers noted between 132.50-80, and USDCHF is also coming lower at 0.9093

Early stateside profit-taking cited

GBPUSD trying to break up through 1.5960

All still delicately poised as we keep eyes firmly focussed on Washington.