US equities are losing ground in early trade, down near 0.6%. Gold sits just above the $1100 level and oil is a half-buck lower on the day at $81.60.

AUD/USD is near its lows and EUR/USD trades heavy in the 1.3630s. Looks like the market has slipped its collective brain into neutral and is trading the “risk on/risk-off” game again.

EUR/USD stops are seen below 1.3620 and Cable stops are around 1.4985.