[EUR/USD]

[EUR/USD] off another 20 ticks on the news of S&P's downgrade for Hungary long term rating to BBB- and outlook negative. EM Stirred up on this and Wall street hitting news session lows (DJI-20), a mix surely to foster a bid for Usd's especially after day traders were led to pick a base in Eur/Usd by earlier CB activity.