Cable led the way with stops below 1.8490 driving the pair lower. EUR/USD was next, stops below 1.4740 were the culprit there. It’s possible that many Asian traders were spooked by the failure of the Bank of Korea to appear selling USD/KRW as they have been doing every day recently. This caused the USD to spike and maybe the other traders/dealers got nervous as well, causing this mornings USD-rally across the board. Next cab of the rank could be USD/JPY, with stops above 110.65, closely followed by the Swissy, with stops touted above 1.1040.