EUR/USD is back in the 1.2990s, essentially back where we began before slumping to 1.2968 after poor US personal income and spending data. US equities are up slightly and bond yields are a beep lower on the day at 1.61.
So far there has been almost no reaction to Chicago PMI which bobbed above 50, to 50.4. New orders were very weak at 45.3, however.
