The S&P and Nasdaq are at new trend lows intraday today and the Dow is just about 120 points above its worst levels. The buck is well below its highs. EUR/USD is at 1.2520, roughly 2 cents above where trendlows while EUR/JPY is about 6.5 yen above the 113.60 low. GBP is outperforming as Mid-East demand gets filled in on the dips. Iy trades at 1.4970. Late last week it traded down to 1.4555.