Good Morning everybody. Jamie has asked me to post a few bits and bobs in the European session to keep the flow going, but please be patient with me as I get used to the new interface. Well things have certainly changed since the beginning of August, when I left for my vacation to a very damp Edinburgh. Eur/Usd is considerably lower than where I left it and Cable is also playing out a significant retracement. So far this morning we’ve seen Eur/Usd edge lower assisted by comments by the UAE central bank governor, forecasting a fall in Oil prices to a $60-$80 range. German unemployment has come in a little better than expected at -40,000, with the rate falling to 7.6% from 7.8%. In accompanying comments, the German labour office said that the German economic slowdown has yet to effect the jobs market. Eur/Usd currently trades at 1.4770, with stops seen above 1.4810 and support in the 1.4750 region.