EUR/USD - 1.2681.. Good 2-way trading has been seen in Asia after a rise to a 2-month high of 1.2713 in late NY session. Initial bids are reported at 1.2675-70 n strg buying interest is touted at 1.2655/50. On the upside, a mixture of offers n stops is seen at 1.2710-20 with talk of (unconfirmed) large buy stops abv 1.2725-35, possibly fm die-hard euro bears who have been badly squeezed after euro's rally abv previous res at 1.2490 last week as the 800+ rise fm June's 4-year low wud have forced out a good many structural shorts (hedge funds) fm North America.