Unless there are surprises in the Q&A, there is nothing in the ECB commentary that will upset the EUR/USD rally. Steady as she goes, is the case so far.A gradual recovery is seen, as the market had expected.

EUR/USD is back up near 1.4400 after the opening statement. US equities are rising, now up 6.5 points.

Offers are seen in the 1.4410/20 window, traders report.