It was GBPUSD that looked vulnerable earlier clinging to 1.5650 but giving that up long before the Praet-led move down in the euro

Cable has now posted 1.5589 just ahead of the next support/bids at 1.5585

As I said in my wrap and Ryan/I both highlighted it's a real mixed picture out there this morning and not just a USD+ session or sentiment prevailing across the board

EURJPY has taken out strong bids at 136.50 to post 136.26 capping both EURUSD and USDJPY

European equities though are paring earlier losses still

  • DAX -0.81%
  • FTSE -0.53%
  • CAC40 -0.73%