EUR/USD is seeing acclerated gains, presently at 1.2710, the move coming with S&P 500 stock futures putting on some 11 1/2 points to 728. Meanwhile the FTSE 100 is up about 1/2%, the Dax 30 up around 1%. Citibank and Bank of America shares are posting good gains, bolstered by the Obama administrations’ plans to use capital injections as an incentive to get banks to sell distressed securities to investors. Technical resistance for EUR/USD now comes at 1.2736 and 1.2750/55.