EUR/USD is finding some bargain hunting on the pullback this morning, especially a it held the support level around 1.4635/45 the first time down. Dealers say there is demand for EUR/USD at the 15:00 GMT fixing momentarily and that is helping support the single currency as well.
Firm equities (up 0.7%) and gold hanging onto its solid gains are giving dip buyers some comfort. 1.4720 remains the topside prize. Barriers are eyed at 1.4725 and 1.4750 and 60 but large stops are eyed above 1.4720 as well, traders say. We trade now 1.4685