AUD, CAd and NZD had been strong outperformers against the USD earlier, and they still are.

But EUR is putting on a spurt now above 1.2070. GPB still a bit of a laggard.

Goldman Sachs on the weekend upgraded its assessment of the euro and recommended buying it with a target at 1.2500.

AUD, CAd and NZD had been strong outperformers against the USD earlier, and they still are.