EUR/USD slips back in early Europe

Down at 1.3360 from the 1.3385 which greeted me. Some fund selling noted.

Talk of buy orders clustered 1.3345/55 and 1.3305/15.

No idea where sell stops hiding.

Sell orders clustered 1.3415/25 and 1.3440/50 ahead of 1.3450 barrier option interest.

Not much on the data front this morning.

10:00 GMT: Euro zone industrial production expected +0.2% m/m, -3.1% y/y.

Much focus on what Bernanke will have to say later in the day. Due to speak 21:00 GMT.

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