EUR-USD has settled back under 1.1300 after retreating from a five-day high at 1.1345. An intraday low was left at 1.1255, and a subsequence retaking of the 1.1300 level proved fleeting. ECB’s Liikanen prompted euro selling after he repeated that the central bank could extend its QE program beyond September 2016, even though it’s been pretty evident that policymakers are not worried about the rise in long term interest rates. USD-JPY dipped to a five-day low of 124.06 while EUR-JPY corrected below 140.00 after edging out a five-day peak at 141.01 during the Tokyo session.