It's been a good session for EUR pairs helped now by hawkish Nowotny tones
I said in my previous post with those comments that it's nothing we don't already perceive to be the case but the algos like a good feed at lunchtime and they got one today.
EURUSD has triggered stops through 1.2350 to post highs of 1.2378 but now 1.2362 with EURGBP posting 0.8729 and now 0.8722. EURJPY now 132.34 after holding 132.50 where a few offers are lined up again.
GBPUSD has taken decent advantage with better risk sentiment prevailing still to post 1.4189 before running into those offers between 80-00 that I've been highlighting and now 1.4170
USDCAD posts session lows of 1.2662 in the middle of large option expiry interest with Canadian housing data due at 12.15 and 12.30 GMT
US PPI data also at 12.30 GMT to add into the current heady mix.
