Cable, AUD, NZD and CAD are all a few pips from the worst levels of the day.
The S&P 500 is down 22 points to 1566; a few more points and it probably pushes those trades off the ledge. Gold is losing momentum as well and could trip another round of commodity sales.
- AUD bids at 1.0350 with stops below
- GBP stops below 1.5300 and then bids ranging down to 1.5280 ahead of larger stops
- USD/CAD sellers said to be minimal until 1.0300
- NZD stops below 0.8400