No big changes to the majors overnight, with the Yen continuing to give back some of its recent gains but the other majors are close to where we left them yesterday afternoon. EUR/USD stalled again at 1.2625, which is very interesting given that there are supposedly big stop-loss orders above there, which leads me to think that the current bounce is running out of oomph. AUD/USD also stalled below parity and has pulled back quite sharply, another worry for the risk-on traders.
Good luck today and TGIF.
