Not being helped by the pressure being exerted on the EUR/AUD cross which is down at 1.2327 from early 1.2365.

Reports have ‘real money’ selling the EUR/AUD cross aggressively this morning.

EUR/USD back at 1.2745 having popped briefly upto low 1.2760s.

We’ve been as low as 1.2742, sell stops as aforemented seen through 1.2740.