EUR/USD is ticking higher in orderly fashion, presently at 1.4240. The release of a string of better than expected data (german/euro- zone pmi and german ifo) is supporting the euro.
Sell orders now noted up at 1.4250, with some buy stops said to be gathered just above there.
European stocks are doing well. S&P futures up 3 points. Risk appetite in fairly good nick. This is lending cable some much needed support after the bashing it took post GDP release. Pairing presently at 1.6465.
