EUR/USD: Russia Poisons USD Rally

EUR/USD has sprinted back through 1.3300 and onto recent range tops at 1.3320/25 on rampant reports of fresh Russian buying of EUR/USD. Intraday shorts are scrambling for cover. US yields are off their highs, but it may be more of a reaction to USD weakness than vice versa. Stops are seen at 1.3330 but offers extend from 1.3350 up through 1.3400.