I wrote earlier about the impact that European desks may have and with some more upbeat comments now out we've seen the euro in a strong rally

EURUSD has popped above 1.1100 having taken out decent offers into 1.1080 but then triggering stops

Currently 1.1077 with the expected two-way business that I suggested now well underway

EURGBP 0.7057 now providing offers on cable which has retreated from 1.5735 to test support around 1.5700

EURCHF 1.0368 and EURJPY 136.10 which is also providing demand on USDJPY now 122.90