Currently 1.2408 near session lows

General USD demand prevailing still, carrying on from Friday's slide from 1.2540

Barrier option still at 1.2600 but not in play down here. No vanillas of note that I've seen so far either

EZ current account and construction data out this morning but not price movers.

Offers: 1.2435 1.2450 1.2465 1.2480 1.2500 1.2520 1.2535 1.2550

Bids: 1.2395-00 1.2380-855 1.2350 1.2330 1.2300 1.2285 1.2250