US equities are back near their highs of the day, up nearly 8 points at 947.75. We are above the closing highs posted on June 11 at 944.89 and about 8 pips below intraday highs on the same day.
EUR/USD is now in the 1.4230s, underpinned by stocks as well as by bid tone in cable after some moderately hawkish comments from the BOE’s Bean that the Bank would like to keep rates unusually low for as short a period as possible. 1.4250 capped gains earlier in the session.
