There is talk of selling by a quasi-official name on strength in EUR/USD, perhaps dealing for one of its central bank clients. Put a gun to my head and I would guess it is the SNB selling EUR again, but that is purely an educated guess.
EUR/USD continues to find resistance at 1.3235 and has dipped back to the 1.3200 area. Trichet’s comment that he sees a less buoyant second half for Euro zone data is weighing as well.