The S&P 500 is doing its afternoon bounce early today, cutting its losses about 2/3 rds. It trades down only about 0.2% at the moment.
EUR/USD is trying to push back above the 1.2200 after finding buyers on dips to 1.2190 in recent trade. 1.2230 offers are seen on rallies with heavier selling from the 1.2250 level. Protection of a 1.2150 barrier as well as technical support at that level kept EUR/USD afloat earlier in the NY sessi0n.