Traders report a Swiss name is scooping up EUR/GBP, taking the pair to fresh session highs at 0.9334 thus far. EUR/USD has firmed to the top of its range as well after a dip into the 1.2820s. Receding risk aversion on strong Chinese growth and a long-phase in of Basel III capital requirements are giving the markets comfort today.
Separately, traders report stop-loss sell orders were triggered at the 1.0100/10 level. 1.0065 is the downside target for that one…