EUR/USD has finished the morning a little firmer, presently at 1.4780 from an early 1.4760, having been as high as 1.4796.

Talk of 1.4750 and 1.4800 option expiries today will be helping curtail price action.

The strong risk aversion seen late last week has been diluted somewhat by the release of a string of encouraging PMI releases, including China. European stocks have made some marginal ground, while oil is up 3/4 of a buck.