EUR/USD: Stops Trip After 1.2550 Options Fall

Early speculative flows from the US and other sales from offshore centers have helped depress EUR/USD further. The option barriers at 1.2550 have since been erased and stops below this level also removed to help fuel the move lower. As a result of selling flows accelerating the price has hit a fresh session low at 1.2533 and various aggressive short-term models are now looking for a run at 1.2500 should spot ease through 1.2525 early in the North American session.