The better than expected European PMI’s and a strong showing in US equity futures so far has seen Eur/Usd push up to 1.3080. It might be tough going from here though as I’m hearing offers are placed at 1.3080/95 and 1.3115. For once we’ve got a bit of Economic data to chew over today with Jobless Claims first up at 12.30 GMT. Economists expect a move back to 635k from last weeks 610k. If we get another reading in the 610 area we could see some more risk aversion slide off the table.