US dollar ticks higher but isn't in any rush to get anywhere

Better risk appetite helping the US dollar

Soft wage growth may have done some modest damage to Fed hike expectations but the driving force in markets at the moment is risk sentiment.

After the rout on Tuesday, markets began to stabilize in Europe and US futures now point to an 18 point gain in the S&P 500 at the open. That's risen in the past 20 minutes and helped to drag the US dollar along.

EUR/USD falls to session low

EUR/USD trickled through the European low of 1.1242 to 1.1235 but bids at yesterday's US lows of 1.1232 are holding so far. That level was a double bottom yesterday and provided for a rally to 1.1320.

Below that there is chatter about solid demand at 1.1220-1.1215 and more large bids at 1.1210-00.