The S&P 500 is down to 1045, just 2 points above session lows and a hand full from critical technical support. Despite this, EUR/USD is hanging tough, now around 1.2185. Real money and central bank bids helped slow the decline earlier as did concerns over Bernanke being used as a prop by Obama. A too cozy relationship between the WH and Fed is not what the market wants in this age of (relative) austerity….