EUR/USD continues to see steady trade, presently at 1.4290, very close to where the pairing closed out Monday in North America. The buy orders I was touting yesterday down around 1.4275/80 have still held the line, 1.4274 having been the overnight low.
Sell stops said to be gathered in the 1.4265/70 area. Would expect pretty solid sell interest to resurface on rallies towards 1.4350.
Final read for Q-2 German GDP due in 3 mins. Expected +0.3% q/q.
Chinese stocks continue to slide, Shanghai exchange off 5%.
Cable getting hit early, off nearly half a cent at 1.6380 as risk aversion perks up.
