With about 45 minutes left in the trading day, the S&P has slumped again, now down about 2% on the day. This is helping drag EUR/USD, GBP/USD and AUD down a bit on mostly disinterested trade. Volumes are light and prices are mostly being marked down without a heck of a lot of trading going on.

EUR/USD trades at 1.2717. Cable at 1.4795, AUD at 0.8870.