Markets are seeing some profit-taking in the wake of Goldman’s very strong earnings report. EUR/USD has dipped back to the 1.39890s and USD/JPY toward 93.10.
Traders report bids in EUR/USD around 1.3960 but trailing stop-loss sell orders are seen at 1.36940.
USD/JPY sell orders are thick toward 93.50/60.
China and Russia both sold some sterling this morning but strong RICS and BRC data are keeping the pound underpinned at 1.6315.
