EUR weighed ahead of EU Summit - both Greek PM, Finmin will be absent due to health problems. EUR at 1.2536, eye break of key 1.2500 - speculation of options interest, and Asian, sovereign interest there. Stop-loss on break. Eye Swiss supranational, sovereign, Asian, Dutch, European selling interest to 1.2600. More stops below 1.2450.

 

Posted by Mike Moloney | Account Executive