Cable is the star of the show today, but for all the wrong reasons. Growth in the UK shuddered to a halt after 63 consecutive quarters of growth. EUR/USD has followed the pound lower and USD/JPY is back in the 110.00 neighborhood after a dip into the 108s just a day or so ago.
Elsewhere, Warren Buffett is on CNBC saying he has no positions against the dollar right now but sees the greenback weakening over the years if the current account deficit is not closed.
1.4770 and 1.4740 are supports for EUR/USD if it overcomes intraday support around 1.4815/20.
