EUR/USD has taken on an easier tone as US equities lose ground in mid-morning trade. Shares are down about half a percent after gaining a like percentage right out of the gate. Dealers see some small stops below 1.3180 from short-term specs on pullbacks.
The combination of inproved jobless claims and Philly Fed data lifted hopes for a rally in Walll Street and in “risky” trades, but it has not panned out that way as yet.
