Currencies are being scarfed up as the month-end fixing at 15:00 GMT approaches. Looks as though banks are getting a look at the order book and are putting a few euros, pounds, etc into their pockets ahead of the fixing.
EUR/USD has popped to a new high at 1.4330 despite continued losses on Wall Street and Cable is zooming as well, up to 1.6275. 1.4385/90 is next resistance for EUR/USD while 1.6300 is resistance in Cable.
