The EUR/USD remains under pressure in early interbank trade although there has been no massive collapse in the usual thin trading conditions, 1.1925 the low thus far. Nothing of note came out of the G20 apart from the usual promises to cut Sovereign debt levels. EUR/CHF is trading below 1.3900 and EUR/JPY has also lost 50 pips from the NY close, currently trading at 109.35.

Good luck today.