EURUSD headed lower in thin trade, with reports of good selling from a Dutch house relating to unwinding of a residual position related to the Lehman Brothers collapse, while heavy unwinding by speculative names in EURJPY has also had a large influence. The cross moved down to 153.47 lows as hedge funds and short term accounts piled in to JPY. Some attention has turned back to the associated risks on the European banking sector, with Fortis Bank experiencing heavy selling as the market suffers on the protracted political discussions on the U.S. bailout. Fortis are expected to hold a media briefing at 9:30GMT, but said it is not making a fresh announcement, which has allayed fears of more balance sheet problems. Its stock was down 13% at one stage, but pared losses to sit 8.7% down on the session. EURUSD currently trades around 1.4600 after trading down to 1.4567 on the last leg lower.