EUR/USD is already steadying. Having been as low as 1.4957 back at 1.4970. Market well aware of buy orders down at 1.4940/50. Still in consolidative, narrow rangebound, mode.

Talk of stops on move through 1.4940. On topside, sell orders at 1.5010/20.

Talk of decent-sized 1.5000 option expiry at todays New York cut.

Elsewhere cable is recovering, presently at 1.6545 from 1.6517 session low.