Both the pound and euro jump as the dollar wilts

EURUSD is firmly up through 1.7022 now and looking at taking on the Asia highs around 1.0750. Next resistance, should we move higher, comes in around 1.0770

EURUSD 15m chart

The pound marches through 1.49 to 1.4937 and the chart looks a bit scrappy until 1.4980. We may see some resistance around 1.4950

GBPUSD 15m chart

Traders cite that short covering is behind the move and that's looks an acceptable reason following the earlier Greece news that they won't be going tits up this month

US 10's yields were have decent day rising to 1.91% but have come off the boil, and that's also helped ease the buck down