Some lift off in the euro now after it tried to make a run after the German GDP data and we’re up to 1.2471.

1.2500 is the big level to watch on the way up but there’s traffic all the way between 1.2490 and 1.2510.

EUR/USD H4 chart 14 11 2014

EUR/USD H4 chart 14 11 2014

EUR/JPY is testing 145 and will have one eye on the Dec 2013 high at 145.68

EUR/JPY Weekly chart 14 11 2014

EUR/JPY Weekly chart 14 11 2014

As I type, our friends at Livesquawk report that there’s been some euro selling coming in from the Russians. EUr/USd is a tad off the highs and EUR/CHF is having another drift lower to 1.2016.