EUR/USD quickly jumps to 1.0859 from 1.0831
A quick move higher in EUR/USD sparked quick sales in the US dollar across the board. larger offers are capping ahead of 1.0860 with more at 1.0865.
USD/CAD is back down to 1.3000 from 1.3024.
Bonds should be underpinning the pair with German yields falling and US Treasury yields rising today but it's a crowded trade and sentiment shifts fast.
The catalyst may have been US stocks as they fell into negative territory after early gains.