EUR/USD has fallen back to the 1.4830s after its Bernanke-inspired rebound stalled at 1.4890. USD/JPY is on the recovery path as well, back up to 89.50 from a quick slide to 89.06 after the dovish-tone from the once and future Fed chairman.

GBP/USD is holding up very well as the dollar rebounds. EUR/GBP is falling with EUR/USD and trades now at session lows of 0.9016.

Cable reached 1.6485 after Bernanke but has dipped only to 1.6445 so far. Cable bottomed in early US trade at 1.6312.