London Session - October 14, 2009 6:06 AM

The combination of risk appetite and dovish comments from the Fed’s Kohn has lifted EUR/USD to a 14 mth high of 1.4910 this morning. On the back of the weak USD, gold touched the 1070.00 level this morning before being subjected to some profit-taking. Cable pushed back above the 1.600 level supported by better than expected UK jobs data and AUD/USD is holding around 0.9150 as optimism in Australian economic prospects receives another boost. Full text »