10:23 EST — The euro likely ran into some stop-losses after hitting a near one-month high to bring the common currency back to $1.2982 in its latest trade, says Brian Kim of RBS. There appeared to be selling pressure around that high and the move back is typical of what's seen when stop-losses are triggered, Kim says. Euro traded up to $1.3015, its highest level since Oct 31, just after 10:00am EST before the sharp pullback. Euro also followed a similar pattern, retreating against the yen in recent trading. (stephen.bernard@dowjones.com)