Re: EURUSD Up (Tazia Smith, 01 Jul 2014)

Subject: Re: EURUSD Update From: Tazia Smith < Date: Tue, 01 Jul 2014 12:44:11 To: Richard Kahn Cc: Paul Morris Vahe Stepanian < Classification: Confidential All right, Spot Ref: 3m $7013/MT Bid: $275.71/MT ($344,637.50, +$13,388), 15% Vol Mid: $285.60 ($357,000), +$25k,750), 15.6% Vol I'd counter the DB traders bid, work a level. To get 280/MT (+$18,750 vs cost basis) though, we need to see $7025 on spot (using same vols) Traders want to see a close above 7050 before really calling