7 December 2001, 11:50  Currencytalk: EUR/USD on the slide, stops below 0.8900

The pairing correcting some of the gains frm yesterdays aggressive cross activity in trading this morning. Currently around the 0.8915/20 level with dealers confirming stop loss orders below 0.8900. Also talk of Euro put options expiring in NY this afternoon on strikes of 0.8880 in reasonable size.

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