The market is taking on the Bloomberg story Adam has posted below and we’re seeing EUR/USD and GBP./USD fall to session lows and towards the overnight lows. Cable bottomed out at 1.6160 overnight and we’re at 1.6168 at the moment.
USD/JPY isn’t joining in just yet but USD/CHF is looking to push higher having hit 0.9034 and resistance seen yesterday.
EUR/GBP running the stops at 0.8405 to 0.8411 which is keeping the pressure on cable while underpinning EUR/USD which is struggling once again to hold 1.3600.
