Continued rises in metals and oil are fueling a further decline in the greenback. EUR/USD edged back through 1.46 earlier and trades now at 1.4598.
Syria has rolled tanks into the streets to challenge protesters, the latest source of tension in the Middle East. Traders are wary of a proxy civil war being fought in Syria by the Iranian-backed government… That sort of uncertainty used to be a dollar plus, but no longer.
Small bids are seen on dips to the 1.5490 area near-term; sellers are seen at 1.4630/50…