EUR/USD has ticked higher, presently at 1.4915. European stocks look set to open firmer which will be lending some support. Resistances at 1.4915/20 and 1.4950/55 with 1.4969 the puppy everyone is looking at.
However a bigger plus for EUR/USD will be the heavy buying of EUR/GBP being seen this morning. The move comes with the Ernst and Young Item Club touting pound being stuck at near parity to euro for up to 4 years (highlighted by Jamie at weekend.)
