Equities have shed their early gains and are now lower on the day after the really distressing dive in the Philly Fed survey.
US yileds are losing ground as well, now at 3.20% from highs of 3.24% earlier this morning. Interest rate sensitive pairs like USD/JPY and USD/CHF have tumbled along with yields.
EUR/JPY and EUR/CHF are easing as well, helping keep a lid on EUR/USD. It trades at 1.4267 from 1.4289 post-data highs.
