The buck is a bit stronger this morning, bond yields are lower and commodities are giving back some gains. Looks like an across the board pullback as the market comes to grips with the idea that any economic recovery in the global economy will be bumpy.
A little bit of risk aversion may be a result of news that US authorities broke up a home-grown terror cell in New York.
Former resistance at 1.3740 is now providing support on pullbacks in EUR/USD near-term. 1.3720 and 1.3680 bids are eyed on dips as well, dealers say.