ECB comments push EUR/USD above 1.0860 heading into 4pm London Fix

The EUR/USD has just now lifted to session highs above 1.0860 and the driver for that could comments recently emerging from an ECB official (Holzmann), citing the potential need for unconventional ECB policies in reaction to whatever Trump has in store for the region. The move above 1.0850 marks a new high on the week for the EUR/USD and it has carried the EUR/JPY higher with it. In fact, it seems that the EUR/JPY could actually be the driver for the move and not necessarily those ECB comments. That is because the US stock markets have now lifted even more than earlier reported and the Dow Jones for example is now back in the black on the day, above 42k. Also to note here; there could be a Euro buying order in place for the 4pm London fix, which may also account for the move. So, we shall see if it stalls out once the clock strikes 4pm here in London in a couple of minutes from now. The EUR/USD is currently trading at 1.0857