We are hearing reports that 1mth 1.2400 EUR put options traded in good size during the London morning, in addition to the previously noted interest for 1 week and 2 week 1.2400 strikes. EUR/USD last traded at/below 1.2400 in April.
On the exotic front: an exotic barrier reportedly resides at 1.2525, ahead of the touted trigger below at 1.2500.
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