The dollar is continuing to battle back just now. The USD/JPY has risen above 154.50 and the EUR/USD is at session lows, as it dips under 1.0870. The FTSE 100 has been struggling for traction since the opening and so now is the DAX, weighed down by some quite poor underperformance in a couple of the leading components. The DAX is now approaching 18,825 after failing to set a new high above that seen yesterday, at 18,892. The high seen earlier after reopening at 18,874, was set at 18,89. The DAX is currently trading at 18,834