EUR/USD is back at 1.4795 having posted a session low 1.4774. Talk BIS stepped in buying around 1.4780 has lent some support.

Obviously still talk of buy orders at 1.4770/80 as well.

Elsewhere, aforementioned buy orders at 1.6305/15 have helped stop the rot in cable, at least for now. If you’re short cable you wouldn’t look upon it as rot, I guess. We’re presently at 1.6330.