I was just preparing my “Pop goes the weasel” headline as EUR/USD surged toward 1.3500, and now I’m left unfulfilled.

EUR/USD got as high at 1.3499 before topping out. Last week sources said they expected 1.3500 barrier option interest to be defended with “some gusto.” Well, I think we can now say that’s been the case.

French name apparently notable seller around the highs. We’re presently back around 1.3473.