Approaching the final hour of the session, US equities are catching a bit of a bid. They were down around 0.6% early in the day on risk aversion but have bounced nicely and are now up 0.4%. It has been an extremely low-volatility period this past few weeks but we continue to build on recent gains and trade at post-Lehman highs.
EUR/USD is range-bound in the mid-1.4320s, consolidating the big losses from this morning.
