Options expiries at the London cut (1500 GMT) include 1.27 in EUR/USD. With spot at 1.2665 in the thin market, someone might be tempted to gun for the intraday high at 1.2682 in hopes of a squeeze to 1.27. Gerry noted selling interest at 1.2680/00 so it might be a tough hill to climb. Expiries in USD/JPY at 76.80 and EUR/CHF at 1.21 may also come into play.