European stocks have turned around from early gains and are now looking very poorly and it’s weighing on the euro which has just fallen to the lows again at 1.3867.
The Dax is tanking and is now down 113 points to 9237
EUR/JPY is suffering the double whammy of USD/JPY tumbling down to 103.16 from the highs at 103.40. EUR/GBP has been turned back from 0.8350 on the first attempt.
GBP/JPY is down into the November trendline I highlighted earlier at 171.56