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Replies to #8309 on FOREX TRADERS
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Ataglance2

04/05/07 1:39 PM

#8310 RE: twk000jester #8309

lol..
EUR/USD: Gunning for Expiring Options Boston, April 5. The market has expiring barriers at 1.3450 clearly in its sights, trying to harvest premium while avoiding sizeable payouts. Asian central bank sellers are rumored defending the strikes. With the market short of vol in general, it is not set up for a big move at present, so if 1.3450 is overcome, more buying is likely. 1.3500 barriers are in play as well, dealers report. EUR/USD trades at 1.3438. A new base is seen at 1.3380/90 on pullbacks.