FX Update- EUR/USD
EUR/USD was capped at the 1.5700 mark, and has since returned to lows of 1.5645. Dealers reported European account selling into the highs, while a U.S. investment house was on the offer over 1.5690. There have been whispers of a 50 handle Chicago PMI print, which may have supported the greenback to an extent, though the rumor appears to be dodgy at best.