It's been a ride in euro trading so far in the session. Some heavy selling hit early in New York -- perhaps on that better ADP report? __ and now it's rapidly unwound. That's left the euro back where it started.
There is some divergence in the FX market as the commodity currencies all hit session highs and cable struggles near the lows on fiscal concerns. Cable is near the lowest since August 1. Meanwhile, AUD is at the highest since October 9 on expectations for a US-China trade deal.