[EUR/USD]

[EUR/USD] low so far is 1.3418, that is over half a cent down in Europe. On the way down, contacts talked of Asian and Russian account demand on dips and now the headline looks a touch more steady in and around 1.3450. However, we also hear that a large stop is in place below 1.3400 and so we cannot rule out further downside attempts through the course of the session.