After trading as high as 1.4900 in the very early morning, EURUSD slipped back to 1.4850, towards the NY close, weighed down by EURJPY sellers out of Tokyo. The Nikkei opened down and slipped about 0.5% putting pressure on risk currencies. However a combination of good names seen buying under 1.4850 and the Nikkei reversing losses into gains, has seen the EURUSD and EURJPY back up towards the tops.