EUR/USD - 1.2851.. Euro was sold just before Asian opening as lumpy offers in eur/yen fm Japanese names knocked the single ccy lower fm 1.2886 (AUS) to 1.2842. Although euro fell in European morning after a brief blip to 1.2917 on news of good bids at the Irish and Spanish bond auctions, sovereign offers knocked euro lower, hitting stops at 1.2850 b4 rebounding on talk of semi-official buying interest at 1.2835. 2-way flows have been seen with offers reported at 1.2860-70 n bids are touted fm 1.2840-20 area with stop building below 1.2800. No eurozone eco. data are due out today, so technical trading shud dominate until Europe comes in.
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