US equity futures are well off their worst levels of the session. The S&P 500 futures were down about 22 points at their worst, making the 15 points they’re down now seem like a breath of fresh air. Improved stocks performance is one factor helping EUR/USD bounce back from its lows in the 1.2550 area.
EUR/USD has eased to 1.2608 from a retest of session highs around 1.2630.