From Reuters:
The European Central Bank is looking into buying bad loans from southern Europe to relieve the pressure on banks in crisis-stricken countries, the German newspaper Die Welt reported.
Seems to be lending a bit of support to EUR.
EUR/USD 1.3088/91
- Initial offers 1.3100/10and then 1.3120/30 and 1.3150
- Bids 1.3070/75 and 1.3050