Traders report a large expiry this morning at the 15:00 GMT New York cut at the 1.3000 level. All thing being equal, this suggests we will gravitate back toward 1.3000 as the expiry approaches…

Other whispers this morning:

Buba is buying EUR/GBP at 0.8370/80 for month-end.

Large buying interest in EUR/USD for month-end at 16:00 GMT…

BIS selling USD/JPY…

Specs heavy sellers of EUR/USD, while a UK clearer is selling cable below 1.5500…