The S&P 500 has dipped more than 1%, helping set off another flurry of risk-aversion. Oil has dipped below $80, Gold is off about $15 bucks in the last two hours and the S&P continues to sputter each time it approaches 1100.

EUR/USD is flirting with session lows just below 1.5000. Support is layered down to 1.4940 near-term. Hourly uptrend support comes in near 1.4965, A sustained move below that level could set up some profit0taking ahead of the weekend.