Market Moving News: EUR/USD - Feb 13

Eur/usd - 1.2919...More short-covering was seen in Asia this morning (traders who sold earlier this week are squaring their positions ahead of the G-7 meeting) n euro hit an intra-day high of 1.2943 b4 easing. Bids are tipped at 1.2840/50 n also further out at 1.2800 while on the upside, offers are noted at 1.2950 (fair size) with a mixture of offers n stops likely to emerge at 1.2990/00.