EUR/USD has pulled out of its dive and is back in level flight, just at a much lower altitude than earlier in the day. Central bank buying on dips helped slow the decline but we still managed to slip onto the 1.33-handle briefly. Look for the 1.3435/40 area to cap rallies in the near-term. 1.3370/80 is important support.

ADP employment data is a highlight for the market tomorrow along with Chicago PMI and factory orders.

We’ll open out employment pool after ADP.