Not the best set of numbers to come out of the US and from different parts of the economy has helped the dollar take a tumble.

US 10 year yields have spilled too after looking to test 2.30% and have dropped back to 2.41%

USD/JPY fell to 107.65 and USD/CHF took the biggest drop to 008486 from 0.9510, which has helped kick EUR/USD up towards the overnight highs and to 1.2709.

The ECB announce their ABS spending spree thus far at the bottom of the hour. There shouldn’t be too much market reaction as there’s not much to gauge how they should be doing. That won’t stop some from having a guess at what they think the ECB should be doing so bear it in mind