EURUSD was lifted by corporate related buying and short covering activity after the pair managed to hold on to the 1.3900 handle after stops held at 1.3890. The move higher has been limited to 1.3950, with momentum funds and real money names looking to sell rallies. Offers are being left around 1.3960-70 from N.Y. names and more are being left across the 1.4000 handle. Weak shorts have left stops at 1.4020-25 and above 1.4050.
