EUR/USD is being held hostage to the fallout in cable, presently down at 1.3745 having taken out aforementioned buy interest at 1.3750/60. More buy orders are said to lie down at 1.3730.
General risk sentiment has taken a blow from the S&P move, S&P futures seeing losses, presently down 7 points.
As I’m writing this EUR/USD is turning, presently back up at 1.3765, while cable has rallied 1/2 a cent off it’s 1.5519 session low.