Published at 15:06 (GMT) 21 Aug
The eurozone is coming to the end of the day, but prices are continuing to move and it is likely the intraday ranges will be expanded into the N. American close later today. EUR/USD buyers are working their way through the Asian offers that are standing in front of 1.2500. USD/JPY is so quiet, it is not even at side show levels. JPY is slipping on the crosses, but that is only because JPY is standing still and the rest of the market is climbing. Equities have helped fuel the decay in USD, with S&P Futures jumping to the highest levels since May 2008 at 1424.60 and it "feels" like there is more room on the upside. The day is not over and there are higher prices in store. M.B.