Most other aspects of the risk trade are following on all cylinders this afternoon but the greenback is taking a bit of a breather. Gold too, is off its highs, after jumping with the euro earlier in the day.
The S&P is within 10 points of its 2009 highs while the Dow is essentially at a new high for the year.
EUR/USD dipped below the 1.4990 level briefly after Trichet turned the focus on Greek fiscal woes. 1.4975 is further support on dips.
Cable is holding onto support at 1.6693. It trades now at 1.6712.