Further to my two earlier posts we now have confirmation of some large EURUSD contracts in play today
Reader PJ heard talk earlier that EURUSD has €3.2bln expiring at 1.0650 and these are now confirmed at the DTCC so we must assume they are near-the-money vanilla options
That will help toward explaining the turnaround from the lows earlier despite European equities still making gains at the time, albeit we don't know the specifics
I had already reported the €1.02bln at 1.0700 here and we're now back below at 1.0695
As always take the information for what you think it's worth but ignoring it would be churlish
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