EUR/USD tripped stops on move through 1.4500 advancing to session high 1.4516, presently back at 1.4505. European stocks look set to open firmer and this will be lending the pairing a modicum of support, nothing major though.

I don’t know why, but I’ve just got a feeling I’m going to hear talk of BIS sales sooner rather than later. As it is, talk of sovereign sell orders up at 1.4550.