EUR/USD has been giving ground for most of the last hour and has dipped as low as 1.4438 so far. A few bids are seen in that region, traders say. The earlier risk-on attitude seems to be fading, as evidenced from the pullback in S&P futures. They were up 1% at 12:00 GMT and are only up 0.4% at 13:00 GMT.
In addition to Jackson Hole at the end of this week, another date to add to the calendar is September 7. That is the date the German constitutional court will rule on the legality of the Greek bailouts…
