Looks like the US Dollar sellers have run out out of bullets for the time being. A retracement of sorts is underway with GBP/USD 50, EUR/USD 40 and AUD/USD 30 points off its high. The market has probably done enough for one day and NY might prove to be a quiet session. ECB and BOE are not likely to surprise whilst US data is headlined by Weekly jobless claims and productivity and labour costs (1230GMT) . Data so far today has generally been ignored in favour of real flows.