Life is a lot like FX markets, just when you think you have things figured out, something comes from left field to throw you off stride. I just spent the last half-hour trying to figure out why my PC was all wonky. After rebooting and running virus scans and all sorts of junk I find a sesame seed stuck between the control key and the body of the keyboard. Just like one of those unforeseen eventualities traders must deal with day in and day out.

The buck is seeing some profit-taking late in the session after failing to overcome 1.4500 and 90.00. We sit now at 1.4533 and 89.69. Bids are eyed now around 89.55/60 in USD/JPY while EUR/USD offers are seen at 1.4550 and 1.4570/75.