Stocks are off their early lows, down about 0.5% in mid-morning trade while oil has rebounded better than a dollar from it’s erly sell off and now trades at $72.20. EUR/USD is getting a boost, as one would expect, now at 1.390. Look for sellers in the 1.4030/40 area first time up.
Dealers note buying at the highs from the same US investment name noted at the lows as well as from a UK clearing bank.
