There were some buys stops through 109.90. We’ve just hit 109.92 on this run up. and there are more apparently on a break up through 110.00.
US treasury yields are higher and USD/JPY’s also up around day’s highs of 83.01. A clear break through 83.00 now could spark a more pronounced move higher towards the 84.18 highs of March 15
UPDATE: Stops all done in the cross up to 110.05 on the back of a little lift in EUR/USD which in turn is reacting to Merkel’s comments basically confirming the weekend Der Spiegel story
