EUR/GBP trades firmer late in the session, trading back above 0.9200 late in the day after a brief reprieve following some jawboning from UK Chancellor Darling. Session highs around midday were 0.9218 and we trade now around 0.9208. Prices dipped to 0.9170 after Darling said there was no government-sponsored effort to weaken the town.
EUR/USD has ticked up to the low 1.4670s, helped in part by comments from Fed Governor Warsh attempting to water-down his hawkish op-ed and speech this afternoon, saying no policy shift is imminent and that he is just laying out potential strategies.