US equities are up a mere 3 points at the moment after rallying 20 points early in the day. EUR/USD has dipped back to the 1.2630 area after stalling in the 1.2660s earlier today. Old resistance in the 1.2605/15 area should provide support on pullbacks this afternoon.

Cable is easing further after triggering stops below 1.5160. We’re down to 1.5147 after stalling at the 1.5230 level again today.