Bank of America is the latest of the US banks to reveal record revenue in Q1, but this is now old news and the market reaction has been muted, with a brief push higher in S&P futures being sold into smartly. Eur/Usd has popped a fraction higher to 1.2970. Offers at 1.2980 are keeping the lid on for the moment with bids seen in the 1.2940/45 region, but currency dealers have mostly been side-tracked by the sell-off in Cable.