Just some further colour to the order boards that Mike posts

The bids around 112.50 are said to be from Japanese Trust banks to the tune of €2bn.

There's also stops sitting just under 1.0910 but with strong bids at 1.0900 we'll have to see how big they are as to whether they push on to break the big figure. Rally selling is apparently the game today from the interbank and leveraged sellers.