EUR/USD sits presently at 1.4105 having earlier hit a session low 1.4089. Risk aversion has ratcheted higher this morning, with S&P futures off 6 points.
Talk the BIS stepped in and bought EUR/USD below 1.4100 will be lending some much-needed support. If it’s not enough, then decent stops touted below 1.4080 could soon be coming into play.
