No news or developments so far this morning apart from higher equity prices and the Silver market back at $38/oz, which might be fuelling USD-bearish sentiment.
Despite the marginal break above previous highs (1.4136 has been the high), EUR/USD is struggling for the moment to find fresh bullish momentum but with stops rumoured in the cable above 1.6325, this stop-loss run may not be finsihed just yet. Some offers are now reported in the AUD/USD at 1.0590 and they may slow it’s bull run somewhat.