As we enter the most important 20 minutes of the trading session, EUR/USD has come under some modest pressure, along with the S&P. Try as it might, the index looks unable to overcome the 1100 level ahead of tomorrow’s European mild-discomfort tests.
The index has fallen back to the 1090 level from 1097.50 highs.
EUR/USD is back in the high 1.2880s, above support in the 1.2880 area. Small stops remain clustered around 1.2870/75.
