EUR/USD spikes up to 1.2434, testing the 200-hour MA
There's a sudden drop in the dollar as safe haven currencies (yen, swissie, dollar) are starting to fall behind on the day. The kiwi is still the biggest gainer but we've seen the aussie pare losses against the dollar on the day and USD/CAD also touches session lows.
This comes as the S&P 500 futures are starting to gain more traction on the day, now up to 2,626.
