FX OPTIONS: EUR/USD 1-Week Vol Given at 5.0% Earlier

Dealers report that 1-week ATM option strikes traded at 5.0 pct earlier this morning. The 1-week is 4.8/5.15 last. On the exotic front: a barrier is touted up at 1.2950. This is the peak of a Double No Touch option, whose base is 1.2700, which is slated to expire on December 18. The DNT carries an estimated E2mn payout. 1.2950+ exotic barriers are tipped at 1.3000 and 1.3010. EUR/USD last traded at 1.3000 in April 2005.