EUR/USD and GBP/USD are seeing some recovery, aided by better performing stocks. FTSE 100 is up about 1/2 percent, DAX 30 close to a full percent, while S&P futures have made it back to about flat.
EUR/USD is back at 1.4105 from a session low 1.4076, while cable has rebounded to 1.6315 from a 1.6286 low. The euro bulls now have to contend with the 1.4110/20 area, where China is said to have sold earlier.
Meanwhile cable was also lent some support by touted buy orders seen lying down at 1.6280.
