Currently 1.2400 after 1.2356

ECB policy announcement today casting a shadow but bids lurking

IFO the data risk at the top of the hour.

Offers: 1.2420 1.2450 1.2480 1.2500 1.2550

Bids: 1.2380 1.2365 1.2350 1.2320 1.2300 1.2280 1.2250