The lack of any major sell off in Eur/Usd or Cable after the disappointing figures has seen some shorts head for the exits in the last few minutes with both Eur/Usd and Cable making decent headway after piercing 1.44 and 1.70 respectively. Now it remains to be seen how vehemently the topside will be protected with offers seen at 1.4445 in Eur/Usd and 1.7045 in Cable. S&P futures are up 5 points from their lows and Oil has bounced smartly from a inventory inspired dip below $70.