Published at 12:07 (GMT) 01 Sep

EURUSD

These are now lows in EUR/USD we are trading in the European session, where we suspect most are awaiting the open of the North American stock markets. S&P 500 futures may have recovered some modest ground recently, but given the volatility seen in the past week or so, this counts for little with the front month contract still down around 38-40 points at time of writing. Even so, USD/JPY has managed to reclaim a 120.00 handle, though tentatively so as yet, but we are comfortably off the early lows just shy of 119.50.

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