Cable at the highs of the day

Cable and the commodity currencies are once again moving in tandem. The group is near the highs of the day, led by a quick move in GBP in the past few minutes.

Cable at the highs of the day

S&P 500 futures are now in slightly positive territory, up 32 points from the Asian lows.

Next to go could be USD/JPY as Treasury yields begin to tick higher. The economic calendar won't be a big factor today but we'll hear from the Fed's Clarinda, Bostic and Bowman.