Traders note talk of a large exotic options expiring today with a 1.3350 strike with a very large payout.
It is a digital option: above 1.3350 at 15:00 GMT and the owner gets a huge payout.
Don’t fade this rally kids…It’s a killer.
Trichet: Practically all economic data are better than expected.
Real money has joined the EUR buying, in addition to leveraged/spec accounts.
