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USD picking up a decent.......>

GLOBAL MARKET/OPINION
GLOBAL MARKET/OPINION: USD picking up a decent bidtone headed into the NY
crossover, seems to have taken the lead from equities which are retreating back
toward the overnight lows (3064.50 in the e-mini S&P) and is helping press
GBP/USD to new lows despite the post-BoE pickup.
- BoE's hawkish tone on QE possibly contributing, but risk-off tone in European
equities present also: cyclical financials, energy and consumer discretionary
stocks are the poorest performers today in the Stoxx600
- Focus turning to US weekly jobless claims in 20 minutes and the BoE embargoed
press commentary at 1430BST/0930ET

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