NY Open: Twenty pounds of headlines
Markets started the day in a confusion of incoming news as ECB chatter met with trade talk updates and US macro data. EURUSD took it on the chin and dropped from 1.1270 to 1.1235.
Summary: US equities have seen a strong opening, helped by news of a major takeover and hopes of a strong Facebook result. FX markets, meanwhile, are whippy, with the dollar alternating between gains and losses.