Can’t see too much rhyme or reason in the EUR/USD moves today.

The pairing has come under some pressure in late morning trade, tripping stops through 1.3330 and reaching session low of 1.3322. Talk UK clearer was notable seller in this latest leg lower.

Talk of more stops through 1.3320 before buy orders clustered 1.3300/10.

Jim O’Neils’ earlier comment that the yen is oversold didn’t do the single currency any favours as it triggered a flurry of EUR/JPY sales. The cross languishes around session low, presently at 117.75,