After a comatose start the market has now burst into life. Traders reporting large stop-loss orders triggered through 119.50 to post 119.77 highs. Being linked to large demand in GBPJPY. Yen pairs all following suit and giving a lift to EURUSD and GBPUSD which are now both on session highs at 1.1346 and 1.5503. Offers at 1.1350-55 and 1.5510 still key levels to watch with those pairs having stop-buys of their own if breached. (full story)