eur/usd
PTIONS: EUR/USD Speculation Turns To Downside Triggers] London, June
1: Having seen spot work through 1.2290 and 1.2250 downside triggers this
morning [EUR/USD] dealers are beginning to speculate on where the next big
downside levels reside. Talk of 1.2220 and 1.2200 barriers has been heard but
with the morning fall threatening to erase these sooner rather than later it
could be the proposed 1.2175 and 1.2150 levels below that in fact prop the
market. Much of the talk is also centering on the key 1.2000 level with large KO
triggers noted here. --Matthew.Foster-Smith@Thomson.com
[IFR Forex Watch]
[SQUAWK BOX]
PTIONS: EUR/USD Speculation Turns To Downside Triggers] London, June
1: Having seen spot work through 1.2290 and 1.2250 downside triggers this
morning [EUR/USD] dealers are beginning to speculate on where the next big
downside levels reside. Talk of 1.2220 and 1.2200 barriers has been heard but
with the morning fall threatening to erase these sooner rather than later it
could be the proposed 1.2175 and 1.2150 levels below that in fact prop the
market. Much of the talk is also centering on the key 1.2000 level with large KO
triggers noted here. --Matthew.Foster-Smith@Thomson.com
[IFR Forex Watch]
[SQUAWK BOX]
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