Reports have come in that Mexico has been hit by a 6.0 magnitude earthquake. Sell-stops in EUR/USD in 1.3080/90 area have been triggered in the wake of the news, the pairing presently at 1.3060.

The danger is that the earthquake will just make it even harder for the Mexican authorities to contain the spread of the swine flu virus.

EDIT: People evacuate buildings in Mexico City after quake. No immediate reports of damage or deaths in Mexico City, according to Civil protection official.