The euro is at the highest levels since dropping on the Draghi comments.

EUR/JPY has also touched 130.00 after falling as low as 129.60 but that’s more a story of yen weakness than euro strength.

USD/JPY touched as high as 99.40 but beware strong offers from 99.50 to 99.60. The S&P 500 is in the drivers’ seat at the moment as it edges to a session high, up 4.5 points to 1619 — a fresh all time high.