EUR/USD, Cable, AUD…all are on the mend in very quiet afternoon trade. They are not getting much help from Wall Street, with the S&P still down a percent on the day, so it looks like the market is getting a bit directional. USD/JPY is trading with an easier tone as well, so perhaps there is some dollar index selling to book profits after a very profitable week.
EUR/USD trades at 1.2740. USD/JPY at 91.70, GBP at 1.4800 and AUD at 0.8890.
