Trailing stops below the 1.3245 level have been triggered after upbeat US jobless claims with intraday longs looking for the exits. Nothing much has changed fundamentally but it looks as though the market jumped the gun on month-end flows. The Chrysler Chapter 11 talk is spooking the market a bit near-term…
More stops are eyed in the 1.3220 area near-term, traders say.
