European desks are underway and we’re seeing the euro in retreat as traders pick up a few US$
EURUSD is on session lows of 1.0889 dragging EURGBP down to 0.7209 after failing above 0.7235. EURJPY is on session lows at 133.60 which is tempering USDJPY gains but the pair is underpinned at 122.68