We’re doing the 1.2940/70 range with sellers seen on rallies seen scattered from the 1.2970 through 1.3000. Stops lie above 1.3010 near-term.
The early risk-on attitude has begun to flag with US equities up only 0.2% at the moment.
On the wires, Chinese commerce minister Chen says the Chinese economy is to grow faster than 7% for several years.