EUR/USD has fallen back to the 1.2706 level as stop-losses are tripped below the 1.2725 level. Selling at the 15:00 GMT fixing is contributing to the heavy tone in EUR/USD as well.
The dollar is showing a bout of strength across the board as USD/JPY bounces from 83.51 (now at 83.74) and USD/CHF rebounds from 1.0080 (helped by a rebound in EUR/CHF from 1.2844 record lows to 1.2860 at present).
