1.1500 EURUSD barrier and expiries are having their say 2 May

I've highlighted them a few times this morning and after highs of 1.1493 we're now back down to 1.1475.

EURGBP has fallen back to 0.7840 from fresh session highs of 0.7865, running into offers, and that has given cable a lift to 1.4636 from 1.4614. That pair too has it's own option expiry interest at 1.4650 which is helping to cap further rallies so far.

European equity markets are making/holding gains still with the DAX now up over 1% at 10146.10 just off session highs and that's adding to a little squeeze lower for the euro.

I expect on-going dip-demand for the euro but we need fresh initiative now from N American markets given that the UK is on holiday ( well most of them anyhow!)