EUR/USD has come off quickly, sliding back to 1.3215 thus far in very quick fashion. Dealers are blaming reserve adjustment by the Russian central bank for the selling. When Russia intervenes to prop up the ruble, they then have to sell some of the EUR to put their 55%/45% dollar and euro basket back in balance.
Downgrades of various European banks are weighing on the europ and pound as well. Add HASC to the list as well: Fitch just revised their outlook to negative from stable.