EUR/USD rebounded back above the 1.40 level at the 15:00 GMT London fixing and prices have been underpinned ever since. EUR/USD trades firmly, in the high 1.40-teens despite a soft tone in the S&P and modestly lower oil prices.
Should topside momentum return, stops are seen above the 1.4050 level; options-related offers are seen toward 1.4100, it is believed.