Well talk of buy interest at 07:00 GMT fixing seems to have been pretty much on the mark. We’re up at 1.3433. Obviously we’re likely to hear ongoing talk of fixing interest as day progresses. The interest is being front run to some extent, which isn’t too much of a shock.
Worth keeping eye on EUR/JPY. If stops touted above 125.50 lumpy enough could give EUR/USD another pop. We’re presently at 125.30.
