• EUR/USD: sell orders at 1.2400 including some Sovereign offers; decent sized stops above 1.2420; more sell orders towards 1.2500. Light stops below 1.2360, bids starting at 1.2325.
  • EUR/CHF: heavy bids around 1.4000, stops below. Stops also topside above 1.4080 and 1.4120.
  • USD/JPY: heavy stops above 93.65
  • AUD/USD: Buy orders now at .8730 from corporates, heavy stops below .8700 might attract attention. Offers starting at .8820 through .8860 with real money sellers still seen.
  • EUR/AUD: watch for some large trailing stops above 1.4250.