EUR/USD has settled down at 1.2175/80 after the spate of stop-loss buy orders above 1.2150 and 1.2190 saw the market run up to a high of 1.2207 a little earlier. More stops were eyed above 1.2210 but dealers reported plentiful supply above 1.2200 which kept those stops safe. The AUD/USD has been interesting in that, after posting a high at .8561, it has hardly backed off at all which suggests that the market still ‘needs them’. Stops are anticipated above .8590/00.